IVY COTTAGE, HERRINGS LANE, CHERTSEY, KT16 8PL - £447,500

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

IVY COTTAGE is a very small extended detached house of 57m², built sometime before 1900, which could now be worth an estimated £455,623. It was last sold for £447,500 in September 2023, which was around 49% below the average September 2023 detached price in the Runnymede local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was B.

IVY COTTAGE Sold Prices

Land registry data shows three sales for IVY 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 Runnymede local authority area for the corresponding sale date. All of the three IVY 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
2023 28 SEP	£447,500	£882,479	49% below HPI
2005 6 MAY	£215,000	£401,785	46% below HPI
1998 24 FEB	£100,000	£203,478	51% below HPI

IVY COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Runnymede local authority area over time, sourced from the HPI. The three IVY COTTAGE sales between February 1998 and September 2023 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 2005 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the September 2023 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

What might IVY COTTAGE be worth now?

IVY COTTAGE might now be worth an estimated £455,623.

This is based on house price inflation of 1.8%, between September 2023 and December 2024, for detached houses, in the Runnymede local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.8% inflationary increase is applied to the most recent sale price for IVY COTTAGE of £447,500 on 28th September 2023. For the value to have increased from £447,500 to £455,623 over the nine months to December 2024, the following assumptions must hold true:

• The value of IVY COTTAGE has moved in line with the HPI for detached houses in the Runnymede local authority area.
• The September 2023 sale price of £447,500 represented a fair market value for the property.
• The size, condition, and specification of IVY COTTAGE has not materially changed since September 2023.

How Large is IVY COTTAGE?

IVY COTTAGE is 57m², which includes two extensions, according to the EPC inspection conducted in March 2023. This puts it in the smallest 10% of detached houses houses in Chertsey, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chertsey, and where IVY COTTAGE lies on this distribution: 1% of detached houses houses are smaller than IVY COTTAGE, and 99% of houses are larger. Note that EPC data is not available for all properties in Chertsey.

IVY COTTAGE: Plot and Title Map

IVY COTTAGE sits on a plot of roughly 0.046 of an acre, or 188m². The below map shows the location of IVY 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 IVY 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 IVY COTTAGE?

IVY COTTAGE is located on HERRINGS LANE in CHERTSEY, in the KT16 postcode district. The below map shows the position of IVY COTTAGE on HERRINGS LANE.