OLD COTTAGE, MILL HILL LANE, BROCKHAM, BETCHWORTH, RH3 7LR - £975,000

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.

OLD COTTAGE is a very large extended detached house of 199m², built sometime between 1900 and 1929, which could now be worth an estimated £1,340,764. It was last sold for £975,000 in July 2014, which was around 37% above the average July 2014 detached price in the Mole Valley local authority area. The most recent EPC inspection was October 2013, where the current energy rating was E, and the potential energy rating was C.

OLD COTTAGE Sold Prices

Land registry data shows two sales for OLD 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 OLD 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
2014 18 JUL	£975,000	£712,460	37% above HPI
2004 30 SEP	£677,500	£479,972	41% above HPI

OLD 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 OLD COTTAGE sales from September 2004 and July 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 September 2004 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the July 2014 sale, where it falls to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might OLD COTTAGE be worth now?

OLD COTTAGE might now be worth an estimated £1,340,764.

This is based on house price inflation of 37.5%, between July 2014 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 37.5% inflationary increase is applied to the most recent sale price for OLD COTTAGE of £975,000 on 18th July 2014. For the value to have increased from £975,000 to £1,340,764 over the eleven years and five months to February 2025, the following assumptions must hold true:

• The value of OLD COTTAGE has moved in line with the HPI for detached houses in the Mole Valley local authority area.
• The July 2014 sale price of £975,000 represented a fair market value for the property.
• The size, condition, and specification of OLD COTTAGE has not materially changed since July 2014.

How Large is OLD COTTAGE?

OLD COTTAGE is 199m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the largest 20% of detached houses houses in Brockham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Brockham, and where OLD COTTAGE lies on this distribution: 84% of detached houses houses are smaller than OLD COTTAGE, and 15% of houses are larger. Note that EPC data is not available for all properties in Brockham.

OLD COTTAGE: Plot and Title Map

OLD COTTAGE sits on a plot of roughly 0.463 of an acre, or 1,872m². The below map shows the location of OLD 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 OLD 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 OLD COTTAGE?

OLD COTTAGE is located on MILL HILL LANE in BROCKHAM, in the RH3 postcode district. The below map shows the position of OLD COTTAGE on MILL HILL LANE.