LILAC COTTAGE, SCHOOL LANE, LOWER BOURNE, FARNHAM, GU10 3PE - £576,000

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

LILAC COTTAGE is a small detached house of 131m², built sometime between 2003 and 2006. It was last sold for £576,000 in December 2020, which was around 25% below the average December 2020 detached price in the Waverley local authority area. The most recent EPC inspection was August 2011, where the current energy rating was C, and the potential energy rating was C.

LILAC COTTAGE Sold Prices

Land registry data shows two sales for LILAC 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. Both of the two LILAC 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 11 DEC	£576,000	£772,893	25% below HPI
2003 31 OCT	£345,000	£402,040	14% below HPI

LILAC 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 LILAC COTTAGE sales from October 2003 and December 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 2003 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the December 2020 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is LILAC COTTAGE?

LILAC COTTAGE is 131m² according to the EPC inspection conducted in August 2011. This puts it in the smallest 40% of detached houses in Farnham, based on EPC data. The below chart shows the distribution of detached houses by size in Farnham, and where LILAC COTTAGE lies on this distribution: 34% of detached houses are smaller than LILAC COTTAGE, and 66% of houses are larger. Note that EPC data is not available for all properties in Farnham.

LILAC COTTAGE: Plot and Title Map

LILAC COTTAGE sits on a plot of roughly 0.265 of an acre, or 1,074m². The below map shows the location of LILAC 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 LILAC 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 LILAC COTTAGE?

LILAC COTTAGE is located on SCHOOL LANE in LOWER BOURNE, in the GU10 postcode district. The below map shows the position of LILAC COTTAGE on SCHOOL LANE.