GORSE COTTAGE, GORSE LANE, CHOBHAM, WOKING, GU24 8RB - £695,000

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

GORSE COTTAGE is a small detached house of 112m², built sometime between 2003 and 2006. It was last sold for £695,000 in November 2007, which was around 52% above the average November 2007 detached price in the Surrey Heath local authority area. The most recent EPC inspection was February 2019, where the current energy rating was E, and the potential energy rating was D.

GORSE COTTAGE Sold Prices

Land registry data shows two sales for GORSE 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 Surrey Heath local authority area for the corresponding sale date. One of the two GORSE COTTAGE sales was for above the average price, whilst the other was 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
2007 7 NOV	£695,000	£457,037	52% above HPI
2004 29 OCT	£275,000	£379,014	27% below HPI

GORSE COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Surrey Heath local authority area over time, sourced from the HPI. The two GORSE COTTAGE sales from October 2004 and November 2007 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 October 2004 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the November 2007 sale, where it rises to 52% above the HPI. The line then continues to track at 52% above the HPI.

How Large is GORSE COTTAGE?

GORSE COTTAGE is 112m² according to the EPC inspection conducted in February 2019. This puts it in the smallest 40% of detached houses in Chobham, based on EPC data. The below chart shows the distribution of detached houses by size in Chobham, and where GORSE COTTAGE lies on this distribution: 39% of detached houses are smaller than GORSE COTTAGE, and 61% of houses are larger. Note that EPC data is not available for all properties in Chobham.

GORSE COTTAGE: Plot and Title Map

GORSE COTTAGE sits on a plot of roughly 0.171 of an acre, or 694m². The below map shows the location of GORSE 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 GORSE 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 GORSE COTTAGE?

GORSE COTTAGE is located on GORSE LANE in CHOBHAM, in the GU24 postcode district. The below map shows the position of GORSE COTTAGE on GORSE LANE.