ELM COTTAGE, CHESS LANE, LOUDWATER, RICKMANSWORTH, WD3 4HR - £552,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

ELM COTTAGE is a small extended detached house of 157m², built sometime between 1930 and 1949, which could now be worth an estimated £1,222,149. It was last sold for £552,000 in August 2003, which was around 9% above the average August 2003 detached price in the Three Rivers local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.

ELM COTTAGE Sold Prices

Land registry data shows two sales for ELM 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 Three Rivers local authority area for the corresponding sale date. Both of the two ELM COTTAGE sales were for above 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
2003 22 AUG	£552,000	£508,573	9% above HPI
2000 8 DEC	£390,000	£369,003	6% above HPI

ELM COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Three Rivers local authority area over time, sourced from the HPI. The two ELM COTTAGE sales from December 2000 and August 2003 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 December 2000 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the August 2003 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might ELM COTTAGE be worth now?

ELM COTTAGE might now be worth an estimated £1,222,149.

This is based on house price inflation of 121.4%, between August 2003 and February 2025, for detached houses, in the Three Rivers local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 121.4% inflationary increase is applied to the most recent sale price for ELM COTTAGE of £552,000 on 22nd August 2003. For the value to have increased from £552,000 to £1,222,149 over the 22 years and six months to February 2025, the following assumptions must hold true:

• The value of ELM COTTAGE has moved in line with the HPI for detached houses in the Three Rivers local authority area.
• The August 2003 sale price of £552,000 represented a fair market value for the property.
• The size, condition, and specification of ELM COTTAGE has not materially changed since August 2003.

How Large is ELM COTTAGE?

ELM COTTAGE is 157m², which includes two extensions, according to the EPC inspection conducted in August 2013. This puts it in the smallest 40% of detached houses houses in Chorleywood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chorleywood, and where ELM COTTAGE lies on this distribution: 35% of detached houses houses are smaller than ELM COTTAGE, and 65% of houses are larger. Note that EPC data is not available for all properties in Chorleywood.

ELM COTTAGE: Plot and Title Map

ELM COTTAGE sits on a plot of roughly 0.185 of an acre, or 749m². The below map shows the location of ELM 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 ELM 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 ELM COTTAGE?

ELM COTTAGE is located on CHESS LANE in LOUDWATER, in the WD3 postcode district. The below map shows the position of ELM COTTAGE on CHESS LANE.