CHESTNUTS TREE COTTAGE, NETHER STREET, WIDFORD, WARE, SG12 8ST - £940,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

CHESTNUTS TREE COTTAGE is a small detached house of 152m², built sometime before 1900, which could now be worth an estimated £1,029,931. It was last sold for £940,000 in February 2021, which was around 21% above the average February 2021 detached price in the East Hertfordshire local authority area. The most recent EPC inspection was March 2012, where the current energy rating was F, and the potential energy rating was E.

CHESTNUTS TREE COTTAGE Sold Prices

Land registry data shows two sales for CHESTNUTS TREE COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Hertfordshire local authority area for the corresponding sale date. One of the two CHESTNUTS TREE COTTAGE sales was for above the average price, whilst the other was for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 23 FEB	£940,000	£779,538	21% above HPI
2014 15 AUG	£412,500	£585,914	30% below HPI

CHESTNUTS TREE COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Hertfordshire local authority area over time, sourced from the HPI. The two CHESTNUTS TREE COTTAGE sales from August 2014 and February 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the August 2014 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the February 2021 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might CHESTNUTS TREE COTTAGE be worth now?

CHESTNUTS TREE COTTAGE might now be worth an estimated £1,029,931.

This is based on house price inflation of 9.6%, between February 2021 and February 2025, for detached houses, in the East Hertfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 9.6% inflationary increase is applied to the most recent sale price for CHESTNUTS TREE COTTAGE of £940,000 on 23rd February 2021. For the value to have increased from £940,000 to £1,029,931 over the four years to February 2025, the following assumptions must hold true:

• The value of CHESTNUTS TREE COTTAGE has moved in line with the HPI for detached houses in the East Hertfordshire local authority area.
• The February 2021 sale price of £940,000 represented a fair market value for the property.
• The size, condition, and specification of CHESTNUTS TREE COTTAGE has not materially changed since February 2021.

How Large is CHESTNUTS TREE COTTAGE?

CHESTNUTS TREE COTTAGE is 152m² according to the EPC inspection conducted in March 2012. This puts it in the smallest 40% of detached houses houses in Widford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Widford, and where CHESTNUTS TREE COTTAGE lies on this distribution: 34% of detached houses houses are smaller than CHESTNUTS TREE COTTAGE, and 66% of houses are larger. Note that EPC data is not available for all properties in Widford.

CHESTNUTS TREE COTTAGE: Plot and Title Map

CHESTNUTS TREE COTTAGE sits on a plot of roughly 0.350 of an acre, or 1,417m². The below map shows the location of CHESTNUTS TREE COTTAGE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of CHESTNUTS TREE COTTAGE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is CHESTNUTS TREE COTTAGE?

CHESTNUTS TREE COTTAGE is located on NETHER STREET in WIDFORD, in the SG12 postcode district. The below map shows the position of CHESTNUTS TREE COTTAGE on NETHER STREET.