MAGNOLIA COTTAGE, PETWORTH ROAD, WITLEY, GODALMING, GU8 5PL - £800,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

MAGNOLIA COTTAGE is a large extended detached house of 181m², built sometime between 1950 and 1966, which could now be worth an estimated £822,731. It was last sold for £800,000 in March 2023, which was around 11% below the average March 2023 detached price in the Waverley local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.

MAGNOLIA COTTAGE Sold Prices

Land registry data shows four sales for MAGNOLIA COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Waverley local authority area for the corresponding sale date. All of the four MAGNOLIA 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 30 MAR	£800,000	£895,443	11% below HPI
2007 9 MAR	£445,000	£510,420	13% below HPI
2002 16 AUG	£355,000	£385,185	8% below HPI
2000 28 JUN	£200,000	£314,002	36% below HPI

MAGNOLIA 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 four MAGNOLIA COTTAGE sales between June 2000 and March 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 March 2007 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the March 2023 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might MAGNOLIA COTTAGE be worth now?

MAGNOLIA COTTAGE might now be worth an estimated £822,731.

This is based on house price inflation of 2.8%, between March 2023 and February 2025, for detached houses, in the Waverley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.8% inflationary increase is applied to the most recent sale price for MAGNOLIA COTTAGE of £800,000 on 30th March 2023. For the value to have increased from £800,000 to £822,731 over the two years and one month to February 2025, the following assumptions must hold true:

• The value of MAGNOLIA COTTAGE has moved in line with the HPI for detached houses in the Waverley local authority area.
• The March 2023 sale price of £800,000 represented a fair market value for the property.
• The size, condition, and specification of MAGNOLIA COTTAGE has not materially changed since March 2023.

How Large is MAGNOLIA COTTAGE?

MAGNOLIA COTTAGE is 181m², which includes two extensions, according to the EPC inspection conducted in July 2022. This puts it in the largest 30% of detached houses houses in Witley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Witley, and where MAGNOLIA COTTAGE lies on this distribution: 75% of detached houses houses are smaller than MAGNOLIA COTTAGE, and 24% of houses are larger. Note that EPC data is not available for all properties in Witley.

MAGNOLIA COTTAGE: Plot and Title Map

MAGNOLIA COTTAGE sits on a plot of roughly 0.149 of an acre, or 601m². The below map shows the location of MAGNOLIA 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 MAGNOLIA 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 MAGNOLIA COTTAGE?

MAGNOLIA COTTAGE is located on PETWORTH ROAD in WITLEY, in the GU8 postcode district. The below map shows the position of MAGNOLIA COTTAGE on PETWORTH ROAD.