Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
LAUNDRY HILL COTTAGE is a very small extended detached house of 81m², built sometime before 1900. It was last sold for £600,000 in August 2020, which was around 25% below the average August 2020 detached price in the Mole Valley local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for LAUNDRY HILL COTTAGE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mole Valley local authority area for the corresponding sale date. Both of the two LAUNDRY 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 |
---|---|---|---|
2020 7 AUG | £600,000 | £803,582 | 25% below HPI |
2010 15 OCT | £360,000 | £599,161 | 40% below HPI |
The below graph shows the average detached house price in the Mole Valley local authority area over time, sourced from the HPI. The two LAUNDRY HILL COTTAGE sales from October 2010 and August 2020 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 October 2010 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the August 2020 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.
LAUNDRY HILL COTTAGE is 81m², which includes two extensions, according to the EPC inspection conducted in April 2019. This puts it in the smallest 10% of detached houses in Newdigate, based on EPC data. The below chart shows the distribution of detached houses by size in Newdigate, and where LAUNDRY HILL COTTAGE lies on this distribution: 7% of detached houses are smaller than LAUNDRY HILL COTTAGE, and 93% of houses are larger. Note that EPC data is not available for all properties in Newdigate.
LAUNDRY HILL COTTAGE sits on a plot of roughly 0.101 of an acre, or 409m². The below map shows the location of LAUNDRY 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 LAUNDRY 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.
LAUNDRY HILL COTTAGE is located on VILLAGE STREET in NEWDIGATE, in the RH5 postcode district. The below map shows the position of LAUNDRY HILL COTTAGE on VILLAGE STREET.