MAGNOLIA COTTAGE, CHESS WAY, CHORLEYWOOD, RICKMANSWORTH, WD3 5TA - £1,315,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

MAGNOLIA COTTAGE is a midsized extended detached house of 196m², built sometime between 1930 and 1949. It was last sold for £1,315,000 in February 2023, which was around 18% above the average February 2023 detached price in the Three Rivers local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was C.

MAGNOLIA COTTAGE Sold Prices

Land registry data shows two sales for MAGNOLIA 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. One of the two MAGNOLIA 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
2023 23 FEB	£1,315,000	£1,116,283	18% above HPI
2016 3 AUG	£875,000	£946,358	8% below HPI

MAGNOLIA 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 MAGNOLIA COTTAGE sales from August 2016 and February 2023 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 2016 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the February 2023 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is MAGNOLIA COTTAGE?

MAGNOLIA COTTAGE is 196m², which includes four extensions, according to the EPC inspection conducted in August 2022. This puts it in the largest 50% of detached houses in Chorleywood, based on EPC data. The below chart shows the distribution of detached houses by size in Chorleywood, and where MAGNOLIA COTTAGE lies on this distribution: 53% of detached houses are smaller than MAGNOLIA COTTAGE, and 47% of houses are larger. Note that EPC data is not available for all properties in Chorleywood.

MAGNOLIA COTTAGE: Plot and Title Map

MAGNOLIA COTTAGE sits on a plot of roughly 0.211 of an acre, or 856m². The below map shows the location of MAGNOLIA 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 MAGNOLIA 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 MAGNOLIA COTTAGE?

MAGNOLIA COTTAGE is located on CHESS WAY in CHORLEYWOOD, in the WD3 postcode district. The below map shows the position of MAGNOLIA COTTAGE on CHESS WAY.