OAK COTTAGE is a midsized detached house of 144m², built sometime between 1950 and 1966. It was last sold for £630,000 in December 2013, which was around 17% above the average December 2013 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was December 2014, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows three sales for OAK COTTAGE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. Two of the three OAK COTTAGE sales were for above the average price, whilst one was 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 |
---|---|---|---|
2013 5 DEC | £630,000 | £540,683 | 17% above HPI |
1998 4 SEP | £245,000 | £212,838 | 15% above HPI |
1997 26 FEB | £132,000 | £160,169 | 18% below HPI |
The below graph shows the average detached house price in the Reigate and Banstead local authority area over time, sourced from the HPI. The three OAK COTTAGE sales between February 1997 and December 2013 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 September 1998 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the December 2013 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.
OAK COTTAGE is 144m² according to the EPC inspection conducted in December 2014. This puts it in the largest 50% of detached houses in Salfords, based on EPC data. The below chart shows the distribution of detached houses by size in Salfords, and where OAK COTTAGE lies on this distribution: 58% of detached houses are smaller than OAK COTTAGE, and 42% of houses are larger. Note that EPC data is not available for all properties in Salfords.
OAK COTTAGE sits on a plot of roughly 0.456 of an acre, or 1,846m². The below map shows the location of OAK 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 OAK 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.
OAK COTTAGE is located on LODGE LANE in REDHILL, in the RH1 postcode district. The below map shows the position of OAK COTTAGE on LODGE LANE.