LILAC COTTAGE, STATION APPROACH, WORMLEY, GODALMING, GU8 5TB - £640,000

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

LILAC COTTAGE is a very small extended detached house of 103m², built sometime before 1900. It was last sold for £640,000 in April 2023, which was around 25% below the average April 2023 detached price in the Waverley local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

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
2023 21 APR	£640,000	£857,063	25% below HPI
2018 12 JAN	£475,000	£731,289	35% 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 January 2018 and April 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 January 2018 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the April 2023 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is LILAC COTTAGE?

LILAC COTTAGE is 103m², which includes one extension, according to the EPC inspection conducted in October 2022. This puts it in the smallest 20% of detached houses in Wormley, based on EPC data. The below chart shows the distribution of detached houses by size in Wormley, and where LILAC COTTAGE lies on this distribution: 19% of detached houses are smaller than LILAC COTTAGE, and 81% of houses are larger. Note that EPC data is not available for all properties in Wormley.

LILAC COTTAGE: Plot and Title Map

LILAC COTTAGE sits on a plot of roughly 0.096 of an acre, or 389m². 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 STATION APPROACH in WORMLEY, in the GU8 postcode district. The below map shows the position of LILAC COTTAGE on STATION APPROACH.