OLD WAY COTTAGE, ORESTAN LANE, EFFINGHAM, LEATHERHEAD, KT24 5SN - £635,000

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 WAY COTTAGE is a small extended detached house of 129m², built sometime between 1900 and 1929, which could now be worth an estimated £730,931. It was last sold for £635,000 in November 2018, which was around 22% below the average November 2018 detached price in the Guildford local authority area. The most recent EPC inspection was March 2018, where the current energy rating was E, and the potential energy rating was C.

OLD WAY COTTAGE Sold Prices

Land registry data shows two sales for OLD WAY 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 Guildford local authority area for the corresponding sale date. Both of the two OLD WAY 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
2018 5 NOV	£635,000	£814,989	22% below HPI
1995 19 MAY	£114,000	£158,604	28% below HPI

OLD WAY COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Guildford local authority area over time, sourced from the HPI. The two OLD WAY COTTAGE sales from May 1995 and November 2018 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 May 1995 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the November 2018 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might OLD WAY COTTAGE be worth now?

OLD WAY COTTAGE might now be worth an estimated £730,931.

This is based on house price inflation of 15.1%, between November 2018 and February 2025, for detached houses, in the Guildford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.1% inflationary increase is applied to the most recent sale price for OLD WAY COTTAGE of £635,000 on 5th November 2018. For the value to have increased from £635,000 to £730,931 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of OLD WAY COTTAGE has moved in line with the HPI for detached houses in the Guildford local authority area.
• The November 2018 sale price of £635,000 represented a fair market value for the property.
• The size, condition, and specification of OLD WAY COTTAGE has not materially changed since November 2018.

How Large is OLD WAY COTTAGE?

OLD WAY COTTAGE is 129m², which includes one extension, according to the EPC inspection conducted in March 2018. This puts it in the smallest 40% of detached houses houses in Effingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Effingham, and where OLD WAY COTTAGE lies on this distribution: 34% of detached houses houses are smaller than OLD WAY COTTAGE, and 65% of houses are larger. Note that EPC data is not available for all properties in Effingham.

OLD WAY COTTAGE: Plot and Title Map

OLD WAY COTTAGE sits on a plot of roughly 0.176 of an acre, or 714m². The below map shows the location of OLD WAY 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 WAY 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 WAY COTTAGE?

OLD WAY COTTAGE is located on ORESTAN LANE in EFFINGHAM, in the KT24 postcode district. The below map shows the position of OLD WAY COTTAGE on ORESTAN LANE.