2, BEACH COTTAGES, MILLERS LANE, OUTWOOD, REDHILL, RH1 5PU - £500,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

2 BEACH COTTAGES is a very small extended semi-detached house of 81m², built sometime before 1900. It was last sold for £500,000 in June 2018, which was around 38% below the average June 2018 detached price in the Tandridge local authority area. The most recent EPC inspection was July 2018, where the current energy rating was E, and the potential energy rating was D.

2 BEACH COTTAGES Sold Prices

Land registry data shows three sales for 2 BEACH COTTAGES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Tandridge local authority area for the corresponding sale date. All of the three 2 BEACH COTTAGES 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
2018 21 JUN	£500,000	£801,834	38% below HPI
2016 23 FEB	£475,000	£716,976	34% below HPI
1999 29 MAR	£164,950	£232,181	29% below HPI

2 BEACH COTTAGES Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tandridge local authority area over time, sourced from the HPI. The three 2 BEACH COTTAGES sales between March 1999 and June 2018 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 February 2016 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the June 2018 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 2 BEACH COTTAGES?

2 BEACH COTTAGES is 81m², which includes two extensions, according to the EPC inspection conducted in July 2018. This puts it in the smallest 10% of detached houses in Outwood, based on EPC data. The below chart shows the distribution of detached houses by size in Outwood, and where 2 BEACH COTTAGES lies on this distribution: 3% of detached houses are smaller than 2 BEACH COTTAGES, and 97% of houses are larger. Note that EPC data is not available for all properties in Outwood.

2 BEACH COTTAGES: Plot and Title Map

2 BEACH COTTAGES sits on a plot of roughly 0.137 of an acre, or 556m². The below map shows the location of 2 BEACH COTTAGES, 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 2 BEACH COTTAGES). 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 2 BEACH COTTAGES?

2 BEACH COTTAGES is located on MILLERS LANE in OUTWOOD, in the RH1 postcode district. The below map shows the position of 2 BEACH COTTAGES on MILLERS LANE.