NORMAN COTTAGE, POND PIECE, OXSHOTT, LEATHERHEAD, KT22 0QZ - £775,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

NORMAN COTTAGE is a very small extended detached house of 111m², built sometime between 1930 and 1949, which could now be worth an estimated £970,044. It was last sold for £775,000 in October 2014, which was around 33% below the average October 2014 detached price in the Elmbridge local authority area. The most recent EPC inspection was February 2013, where the current energy rating was E, and the potential energy rating was B.

NORMAN COTTAGE Sold Prices

Land registry data shows two sales for NORMAN 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 Elmbridge local authority area for the corresponding sale date. Both of the two NORMAN 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
2014 16 OCT	£775,000	£1,163,710	33% below HPI
2013 31 JUL	£677,500	£1,003,440	32% below HPI

NORMAN COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Elmbridge local authority area over time, sourced from the HPI. The two NORMAN COTTAGE sales from July 2013 and October 2014 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 July 2013 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the October 2014 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might NORMAN COTTAGE be worth now?

NORMAN COTTAGE might now be worth an estimated £970,044.

This is based on house price inflation of 25.2%, between October 2014 and December 2024, for detached houses, in the Elmbridge local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 25.2% inflationary increase is applied to the most recent sale price for NORMAN COTTAGE of £775,000 on 16th October 2014. For the value to have increased from £775,000 to £970,044 over the nine years and ten months to December 2024, the following assumptions must hold true:

• The value of NORMAN COTTAGE has moved in line with the HPI for detached houses in the Elmbridge local authority area.
• The October 2014 sale price of £775,000 represented a fair market value for the property.
• The size, condition, and specification of NORMAN COTTAGE has not materially changed since October 2014.

How Large is NORMAN COTTAGE?

NORMAN COTTAGE is 111m², which includes three extensions, according to the EPC inspection conducted in February 2013. This puts it in the smallest 10% of detached houses houses in Oxshott, based on EPC data. The below chart shows the distribution of detached houses houses by size in Oxshott, and where NORMAN COTTAGE lies on this distribution: 4% of detached houses houses are smaller than NORMAN COTTAGE, and 96% of houses are larger. Note that EPC data is not available for all properties in Oxshott.

NORMAN COTTAGE: Plot and Title Map

NORMAN COTTAGE sits on a plot of roughly 0.145 of an acre, or 585m². The below map shows the location of NORMAN 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 NORMAN 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 NORMAN COTTAGE?

NORMAN COTTAGE is located on POND PIECE in OXSHOTT, in the KT22 postcode district. The below map shows the position of NORMAN COTTAGE on POND PIECE.