Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
BAGGINS COTTAGE is a very small extended detached house of 75m², built sometime before 1900. It was last sold for £645,000 in January 2017, which was around 22% below the average January 2017 detached price in the Mole Valley local authority area. The most recent EPC inspection was January 2011, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows four sales for BAGGINS COTTAGE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Mole Valley local authority area for the corresponding sale date. All of the four BAGGINS 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 |
---|---|---|---|
2017 19 JAN | £645,000 | £829,289 | 22% below HPI |
2012 19 JUL | £447,000 | £592,838 | 25% below HPI |
2006 2 OCT | £450,000 | £504,405 | 11% below HPI |
2005 29 APR | £195,000 | £451,370 | 57% below HPI |
The below graph shows the average detached house price in the Mole Valley local authority area over time, sourced from the HPI. The four BAGGINS COTTAGE sales between April 2005 and January 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 July 2012 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the January 2017 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.
BAGGINS COTTAGE is 75m², which includes one extension, according to the EPC inspection conducted in January 2011. This puts it in the smallest 10% of detached houses in Newdigate, based on EPC data. The below chart shows the distribution of detached houses by size in Newdigate, and where BAGGINS COTTAGE lies on this distribution: 2% of detached houses are smaller than BAGGINS COTTAGE, and 98% of houses are larger. Note that EPC data is not available for all properties in Newdigate.
BAGGINS COTTAGE sits on a plot of roughly 0.055 of an acre, or 221m². The below map shows the location of BAGGINS 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 BAGGINS 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.
BAGGINS COTTAGE is located on UNDERHILL ROAD in NEWDIGATE, in the RH5 postcode district. The below map shows the position of BAGGINS COTTAGE on UNDERHILL ROAD.