THE WOOD COTTAGE, SHIRE LANE, CHORLEYWOOD, RICKMANSWORTH, WD3 5NH - £2,275,000

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 WOOD COTTAGE is a very large extended detached house of 320m², built sometime between 1930 and 1949. It was last sold for £2,275,000 in March 2023, which was around 102% above the average March 2023 detached price in the Three Rivers local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was C.

THE WOOD COTTAGE Sold Prices

Land registry data shows two sales for THE WOOD 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 THE WOOD 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 3 MAR	£2,275,000	£1,128,692	102% above HPI
2013 1 JUL	£1,200,000	£681,882	76% above HPI

THE WOOD 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 THE WOOD COTTAGE sales from July 2013 and March 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 2013 sale was for 76% above the HPI. So the extrapolation line tracks at 76% above the HPI over time, until the March 2023 sale, where it rises to 102% above the HPI. The line then continues to track at 102% above the HPI.

How Large is THE WOOD COTTAGE?

THE WOOD COTTAGE is 320m², which includes two extensions, according to the EPC inspection conducted in August 2022. 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 WOOD COTTAGE lies on this distribution: 88% of detached houses are smaller than THE WOOD COTTAGE, and 12% of houses are larger. Note that EPC data is not available for all properties in Chorleywood.

THE WOOD COTTAGE: Plot and Title Map

THE WOOD COTTAGE sits on a plot of roughly 0.269 of an acre, or 1,087m². The below map shows the location of THE WOOD 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 WOOD 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 WOOD COTTAGE?

THE WOOD COTTAGE is located on SHIRE LANE in CHORLEYWOOD, in the WD3 postcode district. The below map shows the position of THE WOOD COTTAGE on SHIRE LANE.