SOUTH COTTAGE, HOMEFIELD ROAD, CHORLEYWOOD, RICKMANSWORTH, WD3 5QJ - £812,000

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

SOUTH COTTAGE is a very small extended detached house of 125m², built sometime before 1900. It was last sold for £812,000 in May 2023, which was around 26% below the average May 2023 detached price in the Three Rivers local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was C.

SOUTH COTTAGE Sold Prices

Land registry data shows two sales for SOUTH 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. Both of the two SOUTH 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
2023 26 MAY	£812,000	£1,100,727	26% below HPI
2010 22 JUL	£592,500	£612,888	3% below HPI

SOUTH 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 SOUTH COTTAGE sales from July 2010 and May 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 July 2010 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the May 2023 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is SOUTH COTTAGE?

SOUTH COTTAGE is 125m², which includes two extensions, according to the EPC inspection conducted in October 2022. This puts it in the smallest 20% of detached houses in Chorleywood, based on EPC data. The below chart shows the distribution of detached houses by size in Chorleywood, and where SOUTH COTTAGE lies on this distribution: 18% of detached houses are smaller than SOUTH COTTAGE, and 82% of houses are larger. Note that EPC data is not available for all properties in Chorleywood.

SOUTH COTTAGE: Plot and Title Map

SOUTH COTTAGE sits on a plot of roughly 0.080 of an acre, or 322m². The below map shows the location of SOUTH 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 SOUTH 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 SOUTH COTTAGE?

SOUTH COTTAGE is located on HOMEFIELD ROAD in CHORLEYWOOD, in the WD3 postcode district. The below map shows the position of SOUTH COTTAGE on HOMEFIELD ROAD.