NEWELLS COTTAGE, CHERRY TREE LANE, HERONSGATE, RICKMANSWORTH, WD3 5DW - £1,657,500

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.

NEWELLS COTTAGE is a large extended detached house of 261m², built sometime between 1930 and 1949, which could now be worth an estimated £1,532,794. It was last sold for £1,657,500 in November 2022, which was around 36% above the average November 2022 detached price in the Three Rivers local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was C.

NEWELLS COTTAGE Sold Prices

Land registry data shows three sales for NEWELLS COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Three Rivers local authority area for the corresponding sale date. All of the three NEWELLS 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
2022 15 NOV	£1,657,500	£1,217,610	36% above HPI
2016 16 SEP	£1,400,000	£1,029,130	36% above HPI
2007 11 OCT	£1,185,000	£673,736	76% above HPI

NEWELLS 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 three NEWELLS COTTAGE sales between October 2007 and November 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 September 2016 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the November 2022 sale, which was also at 36% above the HPI.

What might NEWELLS COTTAGE be worth now?

NEWELLS COTTAGE might now be worth an estimated £1,532,794.

This is based on house price deflation of 7.5%, between November 2022 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 7.5% deflationary decrease is applied to the most recent sale price for NEWELLS COTTAGE of £1,657,500 on 15th November 2022. For the value to have decreased from £1,657,500 to £1,532,794 over the three years and nine months to February 2025, the following assumptions must hold true:

• The value of NEWELLS COTTAGE has moved in line with the HPI for detached houses in the Three Rivers local authority area.
• The November 2022 sale price of £1,657,500 represented a fair market value for the property.
• The size, condition, and specification of NEWELLS COTTAGE has not materially changed since November 2022.

How Large is NEWELLS COTTAGE?

NEWELLS COTTAGE is 261m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the largest 30% 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 NEWELLS COTTAGE lies on this distribution: 78% of detached houses houses are smaller than NEWELLS COTTAGE, and 22% of houses are larger. Note that EPC data is not available for all properties in Chorleywood.

NEWELLS COTTAGE: Plot and Title Map

NEWELLS COTTAGE sits on a plot of roughly 0.340 of an acre, or 1,376m². The below map shows the location of NEWELLS 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 NEWELLS 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 NEWELLS COTTAGE?

NEWELLS COTTAGE is located on CHERRY TREE LANE in HERONSGATE, in the WD3 postcode district. The below map shows the position of NEWELLS COTTAGE on CHERRY TREE LANE.