MONTROSE, BELL LANE, BEDMOND, ABBOTS LANGLEY, WD5 0QS - £750,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

MONTROSE is a very small detached house of 70m², built sometime between 1950 and 1966. It was last sold for £750,000 in May 2017, which was around 24% below the average May 2017 detached price in the Three Rivers local authority area. The most recent EPC inspection was March 2016, where the current energy rating was E, and the potential energy rating was C.

MONTROSE Sold Prices

Land registry data shows two sales for MONTROSE 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 MONTROSE 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
2017 24 MAY	£750,000	£981,524	24% below HPI
2016 22 JUL	£426,999	£959,867	56% below HPI

MONTROSE 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 MONTROSE sales from July 2016 and May 2017 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 July 2016 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the May 2017 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is MONTROSE?

MONTROSE is 70m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 10% of detached houses in Bedmond, based on EPC data. The below chart shows the distribution of detached houses by size in Bedmond, and where MONTROSE lies on this distribution: 3% of detached houses are smaller than MONTROSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Bedmond.

MONTROSE: Plot and Title Map

MONTROSE sits on a plot of roughly 0.138 of an acre, or 560m². The below map shows the location of MONTROSE, 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 MONTROSE). 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 MONTROSE?

MONTROSE is located on BELL LANE in BEDMOND, in the WD5 postcode district. The below map shows the position of MONTROSE on BELL LANE.