2, WELCOME COTTAGES, SLINES OAK ROAD, WOLDINGHAM, CATERHAM, CR3 7EB - £625,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 WELCOME COTTAGES is a very small extended semi-detached house of 138m², built sometime between 1930 and 1949, which could now be worth an estimated £711,002. It was last sold for £625,000 in August 2017, which was around 48% above the average August 2017 semi-detached price in the Tandridge local authority area. The most recent EPC inspection was November 2011, where the current energy rating was C, and the potential energy rating was C.

2 WELCOME COTTAGES Sold Prices

Land registry data shows three sales for 2 WELCOME COTTAGES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Tandridge local authority area for the corresponding sale date. All of the three 2 WELCOME COTTAGES 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
2017 23 AUG	£625,000	£421,071	48% above HPI
2012 16 MAR	£490,000	£284,094	72% above HPI
2004 30 SEP	£310,000	£244,438	27% above HPI

2 WELCOME COTTAGES Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Tandridge local authority area over time, sourced from the HPI. The three 2 WELCOME COTTAGES sales between September 2004 and August 2017 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 March 2012 sale was for 72% above the HPI. So the extrapolation line tracks at 72% above the HPI over time, until the August 2017 sale, where it falls to 48% above the HPI. The line then continues to track at 48% above the HPI.

What might 2 WELCOME COTTAGES be worth now?

2 WELCOME COTTAGES might now be worth an estimated £711,002.

This is based on house price inflation of 13.8%, between August 2017 and February 2025, for semi-detached houses, in the Tandridge local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.8% inflationary increase is applied to the most recent sale price for 2 WELCOME COTTAGES of £625,000 on 23rd August 2017. For the value to have increased from £625,000 to £711,002 over the eight years and six months to February 2025, the following assumptions must hold true:

• The value of 2 WELCOME COTTAGES has moved in line with the HPI for semi-detached houses in the Tandridge local authority area.
• The August 2017 sale price of £625,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WELCOME COTTAGES has not materially changed since August 2017.

How Large is 2 WELCOME COTTAGES?

2 WELCOME COTTAGES is 138m², which includes one extension, according to the EPC inspection conducted in November 2011. This puts it in the smallest 10% of semi-detached houses houses in Woldingham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Woldingham, and where 2 WELCOME COTTAGES lies on this distribution: 8% of semi-detached houses houses are smaller than 2 WELCOME COTTAGES, and 92% of houses are larger. Note that EPC data is not available for all properties in Woldingham.

2 WELCOME COTTAGES: Plot and Title Map

2 WELCOME COTTAGES sits on a plot of roughly 0.178 of an acre, or 721m². The below map shows the location of 2 WELCOME 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 WELCOME 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 WELCOME COTTAGES?

2 WELCOME COTTAGES is located on SLINES OAK ROAD in WOLDINGHAM, in the CR3 postcode district. The below map shows the position of 2 WELCOME COTTAGES on SLINES OAK ROAD.