HOLLY COTTAGE, MILLFIELDS, CHESHAM, HP5 1SG - £760,000

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.

HOLLY COTTAGE is a small extended detached house of 117m², built sometime between 1900 and 1929, which could now be worth an estimated £744,684. It was last sold for £760,000 in October 2022, which was around 12% below the average October 2022 detached price in the Buckinghamshire local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was C.

HOLLY COTTAGE Sold Prices

Land registry data shows two sales for HOLLY 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 Buckinghamshire local authority area for the corresponding sale date. Both of the two HOLLY COTTAGE sales were 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
2022 13 OCT	£760,000	£863,595	12% below HPI
1996 20 MAY	£142,500	£156,534	9% below HPI

HOLLY COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Buckinghamshire local authority area over time, sourced from the HPI. The two HOLLY COTTAGE sales from May 1996 and October 2022 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 May 1996 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the October 2022 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might HOLLY COTTAGE be worth now?

HOLLY COTTAGE might now be worth an estimated £744,684.

This is based on house price deflation of 2%, between October 2022 and February 2025, for detached houses, in the Buckinghamshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2% deflationary decrease is applied to the most recent sale price for HOLLY COTTAGE of £760,000 on 13th October 2022. For the value to have decreased from £760,000 to £744,684 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of HOLLY COTTAGE has moved in line with the HPI for detached houses in the Buckinghamshire local authority area.
• The October 2022 sale price of £760,000 represented a fair market value for the property.
• The size, condition, and specification of HOLLY COTTAGE has not materially changed since October 2022.

How Large is HOLLY COTTAGE?

HOLLY COTTAGE is 117m², which includes four extensions, according to the EPC inspection conducted in March 2022. This puts it in the smallest 40% of detached houses houses in Chesham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chesham, and where HOLLY COTTAGE lies on this distribution: 39% of detached houses houses are smaller than HOLLY COTTAGE, and 61% of houses are larger. Note that EPC data is not available for all properties in Chesham.

HOLLY COTTAGE: Plot and Title Map

HOLLY COTTAGE sits on a plot of roughly 0.159 of an acre, or 644m². The below map shows the location of HOLLY 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 HOLLY 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 HOLLY COTTAGE?

HOLLY COTTAGE is located on MILLFIELDS in CHESHAM, in the HP5 postcode district. The below map shows the position of HOLLY COTTAGE on MILLFIELDS.