GRUSS COTTAGE, LOWER HAM LANE, ELSTEAD, GODALMING, GU8 6HQ - £585,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

GRUSS COTTAGE is a very large extended detached house of 226m², built sometime between 1930 and 1949, which could now be worth an estimated £931,162. It was last sold for £585,000 in April 2011, which was around 2% above the average April 2011 detached price in the Waverley local authority area. The most recent EPC inspection was February 2010, where the current energy rating was D, and the potential energy rating was C.

GRUSS COTTAGE Sold Prices

Land registry data shows three sales for GRUSS COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Waverley local authority area for the corresponding sale date. All of the three GRUSS 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
2011 7 APR	£585,000	£571,334	2% above HPI
2010 25 MAY	£586,500	£560,345	5% above HPI
2004 30 APR	£478,500	£422,761	13% above HPI

GRUSS COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Waverley local authority area over time, sourced from the HPI. The three GRUSS COTTAGE sales between April 2004 and April 2011 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 May 2010 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the April 2011 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might GRUSS COTTAGE be worth now?

GRUSS COTTAGE might now be worth an estimated £931,162.

This is based on house price inflation of 59.2%, between April 2011 and December 2024, for detached houses, in the Waverley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 59.2% inflationary increase is applied to the most recent sale price for GRUSS COTTAGE of £585,000 on 7th April 2011. For the value to have increased from £585,000 to £931,162 over the twelve years and four months to December 2024, the following assumptions must hold true:

• The value of GRUSS COTTAGE has moved in line with the HPI for detached houses in the Waverley local authority area.
• The April 2011 sale price of £585,000 represented a fair market value for the property.
• The size, condition, and specification of GRUSS COTTAGE has not materially changed since April 2011.

How Large is GRUSS COTTAGE?

GRUSS COTTAGE is 226m², which includes one extension, according to the EPC inspection conducted in February 2010. This puts it in the largest 10% of detached houses houses in Elstead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Elstead, and where GRUSS COTTAGE lies on this distribution: 93% of detached houses houses are smaller than GRUSS COTTAGE, and 7% of houses are larger. Note that EPC data is not available for all properties in Elstead.

GRUSS COTTAGE: Plot and Title Map

GRUSS COTTAGE sits on a plot of roughly 0.130 of an acre, or 528m². The below map shows the location of GRUSS 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 GRUSS 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 GRUSS COTTAGE?

GRUSS COTTAGE is located on LOWER HAM LANE in ELSTEAD, in the GU8 postcode district. The below map shows the position of GRUSS COTTAGE on LOWER HAM LANE.