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
2 FARMHOUSE COTTAGE is a very small detached house of 94m², built sometime before 1900. It was last sold for £585,000 in July 2018, which was around 53% below the average July 2018 detached price in the Elmbridge local authority area. The most recent EPC inspection was June 2017, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows four sales for 2 FARMHOUSE COTTAGE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Elmbridge local authority area for the corresponding sale date. All of the four 2 FARMHOUSE 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 |
---|---|---|---|
2018 18 JUL | £585,000 | £1,233,585 | 53% below HPI |
2002 6 JUN | £320,000 | £532,373 | 40% below HPI |
1996 30 JUL | £168,000 | £238,572 | 30% below HPI |
1995 24 FEB | £165,000 | £213,249 | 23% below HPI |
The below graph shows the average detached house price in the Elmbridge local authority area over time, sourced from the HPI. The four 2 FARMHOUSE COTTAGE sales between February 1995 and July 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 June 2002 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the July 2018 sale, where it falls to 53% below the HPI. The line then continues to track at 53% below the HPI.
2 FARMHOUSE COTTAGE is 94m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 10% of detached houses in Oxshott, based on EPC data. The below chart shows the distribution of detached houses by size in Oxshott, and where 2 FARMHOUSE COTTAGE lies on this distribution: 2% of detached houses are smaller than 2 FARMHOUSE COTTAGE, and 98% of houses are larger. Note that EPC data is not available for all properties in Oxshott.
2 FARMHOUSE COTTAGE sits on a plot of roughly 0.119 of an acre, or 483m². The below map shows the location of 2 FARMHOUSE 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 2 FARMHOUSE 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.
2 FARMHOUSE COTTAGE is located on LEATHERHEAD ROAD in OXSHOTT, in the KT22 postcode district. The below map shows the position of 2 FARMHOUSE COTTAGE on LEATHERHEAD ROAD.