BOX COTTAGE, WESTWOOD LANE, NORMANDY, GUILDFORD, GU3 2JQ - £390,000

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

BOX COTTAGE is a very small detached house of 67m², built sometime between 1991 and 1995. It was last sold for £390,000 in April 2024, which was around 55% below the average April 2024 detached price in the Guildford local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was B.

BOX COTTAGE Sold Prices

Land registry data shows five sales for BOX COTTAGE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Guildford local authority area for the corresponding sale date. All of the five BOX 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
2024 12 APR	£390,000	£870,818	55% below HPI
2015 28 AUG	£345,000	£705,740	51% below HPI
2006 22 SEP	£235,000	£479,831	51% below HPI
2004 5 MAR	£219,950	£409,100	46% below HPI
2000 6 OCT	£169,950	£317,634	46% below HPI

BOX COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Guildford local authority area over time, sourced from the HPI. The five BOX COTTAGE sales between October 2000 and April 2024 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 August 2015 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the April 2024 sale, where it falls to 55% below the HPI. The line then continues to track at 55% below the HPI.

How Large is BOX COTTAGE?

BOX COTTAGE is 67m² according to the EPC inspection conducted in September 2023. This puts it in the smallest 10% of detached houses in Flexford, based on EPC data. The below chart shows the distribution of detached houses by size in Flexford, and where BOX COTTAGE lies on this distribution: 3% of detached houses are smaller than BOX COTTAGE, and 97% of houses are larger. Note that EPC data is not available for all properties in Flexford.

BOX COTTAGE: Plot and Title Map

BOX COTTAGE sits on a plot of roughly 0.053 of an acre, or 213m². The below map shows the location of BOX 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 BOX 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 BOX COTTAGE?

BOX COTTAGE is located on WESTWOOD LANE in NORMANDY, in the GU3 postcode district. The below map shows the position of BOX COTTAGE on WESTWOOD LANE.