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
MYRTLEBANK COTTAGE is a very large extended detached house of 244m², built sometime between 1900 and 1929. It was last sold for £1,650,000 in October 2023, which was around 107% above the average October 2023 detached price in the East Hertfordshire local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for MYRTLEBANK COTTAGE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Hertfordshire local authority area for the corresponding sale date. All of the three MYRTLEBANK 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 |
---|---|---|---|
2023 11 OCT | £1,650,000 | £798,637 | 107% above HPI |
2005 6 MAY | £700,000 | £377,673 | 85% above HPI |
2001 31 MAY | £498,000 | £276,429 | 80% above HPI |
The below graph shows the average detached house price in the East Hertfordshire local authority area over time, sourced from the HPI. The three MYRTLEBANK COTTAGE sales between May 2001 and October 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 May 2005 sale was for 85% above the HPI. So the extrapolation line tracks at 85% above the HPI over time, until the October 2023 sale, where it rises to 107% above the HPI. The line then continues to track at 107% above the HPI.
MYRTLEBANK COTTAGE is 244m², which includes four extensions, according to the EPC inspection conducted in May 2022. This puts it in the largest 20% of detached houses in Great Amwell, based on EPC data. The below chart shows the distribution of detached houses by size in Great Amwell, and where MYRTLEBANK COTTAGE lies on this distribution: 89% of detached houses are smaller than MYRTLEBANK COTTAGE, and 11% of houses are larger. Note that EPC data is not available for all properties in Great Amwell.
MYRTLEBANK COTTAGE sits on a plot of roughly 0.182 of an acre, or 736m². The below map shows the location of MYRTLEBANK 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 MYRTLEBANK 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.
MYRTLEBANK COTTAGE is located on CAUTHERLY LANE in GREAT AMWELL, in the SG12 postcode district. The below map shows the position of MYRTLEBANK COTTAGE on CAUTHERLY LANE.