OLD WELL COTTAGE, PETWORTH ROAD, WORMLEY, GODALMING, GU8 5TR - £360,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

OLD WELL COTTAGE is a very small extended detached house of 85m², built sometime before 1900. It was last sold for £360,000 in August 2017, which was around 52% below the average August 2017 detached price in the Waverley local authority area. The most recent EPC inspection was July 2024, where the current energy rating was E, and the potential energy rating was B.

OLD WELL COTTAGE Sold Prices

Land registry data shows three sales for OLD WELL 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 Waverley local authority area for the corresponding sale date. All of the three OLD WELL 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
2017 23 AUG	£360,000	£745,157	52% below HPI
2007 28 SEP	£335,000	£539,760	38% below HPI
2006 8 DEC	£270,000	£479,390	44% below HPI

OLD WELL COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Waverley local authority area over time, sourced from the HPI. The three OLD WELL COTTAGE sales between December 2006 and August 2017 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 2007 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the August 2017 sale, where it falls to 52% below the HPI. The line then continues to track at 52% below the HPI.

How Large is OLD WELL COTTAGE?

OLD WELL COTTAGE is 85m², which includes one extension, according to the EPC inspection conducted in July 2024. This puts it in the smallest 10% of detached houses in Wormley, based on EPC data. The below chart shows the distribution of detached houses by size in Wormley, and where OLD WELL COTTAGE lies on this distribution: 4% of detached houses are smaller than OLD WELL COTTAGE, and 96% of houses are larger. Note that EPC data is not available for all properties in Wormley.

OLD WELL COTTAGE: Plot and Title Map

OLD WELL COTTAGE sits on a plot of roughly 0.048 of an acre, or 194m². The below map shows the location of OLD WELL 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 WELL 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 WELL COTTAGE?

OLD WELL COTTAGE is located on PETWORTH ROAD in WORMLEY, in the GU8 postcode district. The below map shows the position of OLD WELL COTTAGE on PETWORTH ROAD.