SPRING COTTAGE, CROFT LANE, CHIPPERFIELD, KINGS LANGLEY, WD4 9DU - £650,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

SPRING COTTAGE is a very small detached house of 97m², built in 2021. It was last sold for £650,000 in February 2023, which was around 33% below the average February 2023 detached price in the Dacorum local authority area. The most recent EPC inspection was September 2022, where the current energy rating was B, and the potential energy rating was A.

SPRING COTTAGE Sold Prices

Land registry data shows two sales for SPRING 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 Dacorum local authority area for the corresponding sale date. Both of the two SPRING 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 17 FEB	£650,000	£964,176	33% below HPI
2020 12 MAY	£165,000	£815,662	80% below HPI

SPRING COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Dacorum local authority area over time, sourced from the HPI. The two SPRING COTTAGE sales from May 2020 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 May 2020 sale was for 80% below the HPI. So the extrapolation line tracks at 80% below the HPI over time, until the February 2023 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is SPRING COTTAGE?

SPRING COTTAGE is 97m² according to the EPC inspection conducted in September 2022. This puts it in the smallest 10% of detached houses in Chipperfield, based on EPC data. The below chart shows the distribution of detached houses by size in Chipperfield, and where SPRING COTTAGE lies on this distribution: 9% of detached houses are smaller than SPRING COTTAGE, and 91% of houses are larger. Note that EPC data is not available for all properties in Chipperfield.

SPRING COTTAGE: Plot and Title Map

SPRING COTTAGE sits on a plot of roughly 0.039 of an acre, or 158m². The below map shows the location of SPRING 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 SPRING 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 SPRING COTTAGE?

SPRING COTTAGE is located on CROFT LANE in CHIPPERFIELD, in the WD4 postcode district. The below map shows the position of SPRING COTTAGE on CROFT LANE.