HOPE COTTAGE, HEATH LANE, FARNHAM, GU9 0PR - £470,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

HOPE COTTAGE is a large detached house of 135m², built sometime between 1976 and 1982. It was last sold for £470,000 in May 2011, which was around 12% below the average May 2011 detached price in the Waverley local authority area. The most recent EPC inspection was September 2010, where the current energy rating was C, and the potential energy rating was C.

HOPE COTTAGE Sold Prices

Land registry data shows three sales for HOPE 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 HOPE 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
2011 25 MAY	£470,000	£535,002	12% below HPI
2009 8 MAY	£395,000	£427,920	8% below HPI
1996 17 MAY	£151,000	£156,821	4% below HPI

HOPE 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 HOPE COTTAGE sales between May 1996 and May 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 2009 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the May 2011 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is HOPE COTTAGE?

HOPE COTTAGE is 135m² according to the EPC inspection conducted in September 2010. This puts it in the largest 40% of detached houses in Upper Hale, based on EPC data. The below chart shows the distribution of detached houses by size in Upper Hale, and where HOPE COTTAGE lies on this distribution: 67% of detached houses are smaller than HOPE COTTAGE, and 33% of houses are larger. Note that EPC data is not available for all properties in Upper Hale.

HOPE COTTAGE: Plot and Title Map

HOPE COTTAGE sits on a plot of roughly 0.173 of an acre, or 700m². The below map shows the location of HOPE 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 HOPE 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 HOPE COTTAGE?

HOPE COTTAGE is located on HEATH LANE in FARNHAM, in the GU9 postcode district. The below map shows the position of HOPE COTTAGE on HEATH LANE.