HILLSIDE COTTAGE, NEW WAY, GODALMING, GU7 2JH - £425,000

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

HILLSIDE COTTAGE is a small extended detached house of 103m², built sometime between 1950 and 1966, which could now be worth an estimated £925,298. It was last sold for £425,000 in July 2003, which was around 2% above the average July 2003 detached price in the Waverley local authority area. The most recent EPC inspection was January 2012, where the current energy rating was E, and the potential energy rating was D.

HILLSIDE COTTAGE Sold Prices

Land registry data shows two sales for HILLSIDE 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 Waverley local authority area for the corresponding sale date. One of the two HILLSIDE 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
2003 22 JUL	£425,000	£417,702	2% above HPI
1997 20 AUG	£165,000	£204,466	19% below HPI

HILLSIDE 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 two HILLSIDE COTTAGE sales from August 1997 and July 2003 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 1997 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the July 2003 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might HILLSIDE COTTAGE be worth now?

HILLSIDE COTTAGE might now be worth an estimated £925,298.

This is based on house price inflation of 117.7%, between July 2003 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 117.7% inflationary increase is applied to the most recent sale price for HILLSIDE COTTAGE of £425,000 on 22nd July 2003. For the value to have increased from £425,000 to £925,298 over the twenty years and seven months to December 2024, the following assumptions must hold true:

• The value of HILLSIDE COTTAGE has moved in line with the HPI for detached houses in the Waverley local authority area.
• The July 2003 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of HILLSIDE COTTAGE has not materially changed since July 2003.

How Large is HILLSIDE COTTAGE?

HILLSIDE COTTAGE is 103m², which includes three extensions, according to the EPC inspection conducted in January 2012. This puts it in the smallest 30% of detached houses houses in Godalming, based on EPC data. The below chart shows the distribution of detached houses houses by size in Godalming, and where HILLSIDE COTTAGE lies on this distribution: 29% of detached houses houses are smaller than HILLSIDE COTTAGE, and 71% of houses are larger. Note that EPC data is not available for all properties in Godalming.

HILLSIDE COTTAGE: Plot and Title Map

HILLSIDE COTTAGE sits on a plot of roughly 0.338 of an acre, or 1,369m². The below map shows the location of HILLSIDE 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 HILLSIDE 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 HILLSIDE COTTAGE?

HILLSIDE COTTAGE is located on NEW WAY in GODALMING, in the GU7 postcode district. The below map shows the position of HILLSIDE COTTAGE on NEW WAY.