THE RED COTTAGE, PARK AVENUE, CHORLEYWOOD, RICKMANSWORTH, WD3 5DU - £1,645,000

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

THE RED COTTAGE is a very large extended detached house of 289m², built sometime between 1900 and 1929. It was last sold for £1,645,000 in August 2019, which was around 73% above the average August 2019 detached price in the Three Rivers local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was C.

THE RED COTTAGE Sold Prices

Land registry data shows four sales for THE RED COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Three Rivers local authority area for the corresponding sale date. All of the four THE RED 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
2019 29 AUG	£1,645,000	£949,924	73% above HPI
2000 25 APR	£400,000	£330,073	21% above HPI
1998 24 AUG	£350,000	£258,075	36% above HPI
1996 2 DEC	£216,000	£186,278	16% above HPI

THE RED 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 four THE RED COTTAGE sales between December 1996 and August 2019 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 April 2000 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the August 2019 sale, where it rises to 73% above the HPI. The line then continues to track at 73% above the HPI.

How Large is THE RED COTTAGE?

THE RED COTTAGE is 289m², which includes two extensions, according to the EPC inspection conducted in March 2014. This puts it in the largest 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 THE RED COTTAGE lies on this distribution: 83% of detached houses are smaller than THE RED COTTAGE, and 16% of houses are larger. Note that EPC data is not available for all properties in Chorleywood.

THE RED COTTAGE: Plot and Title Map

THE RED COTTAGE sits on a plot of roughly 0.494 of an acre, or 2,000m². The below map shows the location of THE RED 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 THE RED 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 THE RED COTTAGE?

THE RED COTTAGE is located on PARK AVENUE in CHORLEYWOOD, in the WD3 postcode district. The below map shows the position of THE RED COTTAGE on PARK AVENUE.