OAK TREE COTTAGE, KINGS CROSS LANE, SOUTH NUTFIELD, REDHILL, RH1 5NJ - £1,375,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

OAK TREE COTTAGE is a very large extended detached house of 227m², built sometime from 2007 onwards. It was last sold for £1,375,000 in October 2020, which was around 69% above the average October 2020 detached price in the Tandridge local authority area. The most recent EPC inspection was June 2020, where the current energy rating was B, and the potential energy rating was B.

OAK TREE COTTAGE Sold Prices

Land registry data shows three sales for OAK TREE COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Tandridge local authority area for the corresponding sale date. Two of the three OAK TREE 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
2020 29 OCT	£1,375,000	£813,955	69% above HPI
2017 9 FEB	£915,000	£748,120	22% above HPI
2005 6 SEP	£326,000	£447,936	27% below HPI

OAK TREE COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tandridge local authority area over time, sourced from the HPI. The three OAK TREE COTTAGE sales between September 2005 and October 2020 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 February 2017 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the October 2020 sale, where it rises to 69% above the HPI. The line then continues to track at 69% above the HPI.

How Large is OAK TREE COTTAGE?

OAK TREE COTTAGE is 227m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the largest 20% of detached houses in South Nutfield, based on EPC data. The below chart shows the distribution of detached houses by size in South Nutfield, and where OAK TREE COTTAGE lies on this distribution: 87% of detached houses are smaller than OAK TREE COTTAGE, and 12% of houses are larger. Note that EPC data is not available for all properties in South Nutfield.

OAK TREE COTTAGE: Plot and Title Map

OAK TREE COTTAGE sits on a plot of roughly 0.272 of an acre, or 1,101m². The below map shows the location of OAK TREE 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 TREE 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 OAK TREE COTTAGE?

OAK TREE COTTAGE is located on KINGS CROSS LANE in SOUTH NUTFIELD, in the RH1 postcode district. The below map shows the position of OAK TREE COTTAGE on KINGS CROSS LANE.