MILL COTTAGE, WESTCOTT STREET, WESTCOTT, DORKING, RH4 3LT - £1,250,000

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.

MILL COTTAGE is a large extended detached house of 193m², built sometime before 1900, which could now be worth an estimated £1,327,677. It was last sold for £1,250,000 in November 2021, which was around 36% above the average November 2021 detached price in the Mole Valley local authority area. The most recent EPC inspection was October 2021, where the current energy rating was E, and the potential energy rating was C.

MILL COTTAGE Sold Prices

Land registry data shows two sales for MILL 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 Mole Valley local authority area for the corresponding sale date. Both of the two MILL COTTAGE sales were for above 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
2021 17 NOV	£1,250,000	£922,414	36% above HPI
2003 7 APR	£590,000	£434,588	36% above HPI

MILL COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mole Valley local authority area over time, sourced from the HPI. The two MILL COTTAGE sales from April 2003 and November 2021 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 April 2003 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the November 2021 sale, which was also at 36% above the HPI.

What might MILL COTTAGE be worth now?

MILL COTTAGE might now be worth an estimated £1,327,677.

This is based on house price inflation of 6.2%, between November 2021 and February 2025, for detached houses, in the Mole Valley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.2% inflationary increase is applied to the most recent sale price for MILL COTTAGE of £1,250,000 on 17th November 2021. For the value to have increased from £1,250,000 to £1,327,677 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of MILL COTTAGE has moved in line with the HPI for detached houses in the Mole Valley local authority area.
• The November 2021 sale price of £1,250,000 represented a fair market value for the property.
• The size, condition, and specification of MILL COTTAGE has not materially changed since November 2021.

How Large is MILL COTTAGE?

MILL COTTAGE is 193m², which includes three extensions, according to the EPC inspection conducted in October 2021. This puts it in the largest 30% of detached houses houses in Westcott, based on EPC data. The below chart shows the distribution of detached houses houses by size in Westcott, and where MILL COTTAGE lies on this distribution: 70% of detached houses houses are smaller than MILL COTTAGE, and 30% of houses are larger. Note that EPC data is not available for all properties in Westcott.

MILL COTTAGE: Plot and Title Map

MILL COTTAGE sits on a plot of roughly 0.493 of an acre, or 1,996m². The below map shows the location of MILL 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 MILL 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 MILL COTTAGE?

MILL COTTAGE is located on WESTCOTT STREET in WESTCOTT, in the RH4 postcode district. The below map shows the position of MILL COTTAGE on WESTCOTT STREET.