HILL COTTAGE, WYCH HILL RISE, WOKING, GU22 0ES - £433,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

HILL COTTAGE is a very small extended detached house of 83m², built sometime between 1900 and 1929. It was last sold for £433,000 in June 2021, which was around 50% below the average June 2021 detached price in the Woking local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was B.

HILL COTTAGE Sold Prices

Land registry data shows four sales for HILL COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Woking local authority area for the corresponding sale date. All of the four HILL 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
2021 16 JUN	£433,000	£862,658	50% below HPI
2012 28 FEB	£265,000	£561,534	53% below HPI
2004 19 MAR	£198,000	£432,599	54% below HPI
2002 30 AUG	£175,000	£401,533	56% below HPI

HILL COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Woking local authority area over time, sourced from the HPI. The four HILL COTTAGE sales between August 2002 and June 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 February 2012 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the June 2021 sale, where it rises to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is HILL COTTAGE?

HILL COTTAGE is 83m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the smallest 10% of detached houses in Woking, based on EPC data. The below chart shows the distribution of detached houses by size in Woking, and where HILL COTTAGE lies on this distribution: 9% of detached houses are smaller than HILL COTTAGE, and 91% of houses are larger. Note that EPC data is not available for all properties in Woking.

HILL COTTAGE: Plot and Title Map

HILL COTTAGE sits on a plot of roughly 0.049 of an acre, or 197m². The below map shows the location of HILL 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 HILL 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 HILL COTTAGE?

HILL COTTAGE is located on WYCH HILL RISE in WOKING, in the GU22 postcode district. The below map shows the position of HILL COTTAGE on WYCH HILL RISE.