DORMER COTTAGE, FARM LANE, ASHTEAD, KT21 1HP - £1,150,000

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.

DORMER COTTAGE is a large extended detached house of 185m², built sometime between 1950 and 1966, which could now be worth an estimated £1,281,693. It was last sold for £1,150,000 in February 2021, which was around 31% above the average February 2021 detached price in the Mole Valley local authority area. The most recent EPC inspection was August 2020, where the current energy rating was E, and the potential energy rating was C.

DORMER COTTAGE Sold Prices

Land registry data shows two sales for DORMER COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mole Valley local authority area for the corresponding sale date. Both of the two DORMER COTTAGE 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
2021 25 FEB	£1,150,000	£879,067	31% above HPI
2013 4 JAN	£965,000	£619,772	56% above HPI

DORMER COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mole Valley local authority area over time, sourced from the HPI. The two DORMER COTTAGE sales from January 2013 and February 2021 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 January 2013 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the February 2021 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might DORMER COTTAGE be worth now?

DORMER COTTAGE might now be worth an estimated £1,281,693.

This is based on house price inflation of 11.5%, between February 2021 and February 2025, for detached houses, in the Mole Valley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 11.5% inflationary increase is applied to the most recent sale price for DORMER COTTAGE of £1,150,000 on 25th February 2021. For the value to have increased from £1,150,000 to £1,281,693 over the four years to February 2025, the following assumptions must hold true:

• The value of DORMER COTTAGE has moved in line with the HPI for detached houses in the Mole Valley local authority area.
• The February 2021 sale price of £1,150,000 represented a fair market value for the property.
• The size, condition, and specification of DORMER COTTAGE has not materially changed since February 2021.

How Large is DORMER COTTAGE?

DORMER COTTAGE is 185m², which includes two extensions, according to the EPC inspection conducted in August 2020. This puts it in the largest 40% of detached houses houses in Ashtead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ashtead, and where DORMER COTTAGE lies on this distribution: 67% of detached houses houses are smaller than DORMER COTTAGE, and 32% of houses are larger. Note that EPC data is not available for all properties in Ashtead.

DORMER COTTAGE: Plot and Title Map

DORMER COTTAGE sits on a plot of roughly 0.459 of an acre, or 1,857m². The below map shows the location of DORMER 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 DORMER 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 DORMER COTTAGE?

DORMER COTTAGE is located on FARM LANE in ASHTEAD, in the KT21 postcode district. The below map shows the position of DORMER COTTAGE on FARM LANE.