PARK COTTAGE, PARK LANE, ASHTEAD, KT21 1DW - £400,500

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.

PARK COTTAGE is a very small detached house of 91m², built sometime before 1900, which could now be worth an estimated £459,771. It was last sold for £400,500 in February 2019, which was around 53% below the average February 2019 detached price in the Mole Valley local authority area. The most recent EPC inspection was November 2018, where the current energy rating was E, and the potential energy rating was B.

PARK COTTAGE Sold Prices

Land registry data shows two sales for PARK 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 PARK 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
2019 26 FEB	£400,500	£853,433	53% below HPI
1996 27 SEP	£159,500	£192,920	17% below HPI

PARK 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 PARK COTTAGE sales from September 1996 and February 2019 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 1996 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the February 2019 sale, where it falls to 53% below the HPI. The line then continues to track at 53% below the HPI.

What might PARK COTTAGE be worth now?

PARK COTTAGE might now be worth an estimated £459,771.

This is based on house price inflation of 14.8%, between February 2019 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 14.8% inflationary increase is applied to the most recent sale price for PARK COTTAGE of £400,500 on 26th February 2019. For the value to have increased from £400,500 to £459,771 over the six years to February 2025, the following assumptions must hold true:

• The value of PARK COTTAGE has moved in line with the HPI for detached houses in the Mole Valley local authority area.
• The February 2019 sale price of £400,500 represented a fair market value for the property.
• The size, condition, and specification of PARK COTTAGE has not materially changed since February 2019.

How Large is PARK COTTAGE?

PARK COTTAGE is 91m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 10% of detached houses houses in Ashtead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ashtead, and where PARK COTTAGE lies on this distribution: 7% of detached houses houses are smaller than PARK COTTAGE, and 93% of houses are larger. Note that EPC data is not available for all properties in Ashtead.

PARK COTTAGE: Plot and Title Map

PARK COTTAGE sits on a plot of roughly 0.095 of an acre, or 386m². The below map shows the location of PARK 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 PARK 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 PARK COTTAGE?

PARK COTTAGE is located on PARK LANE in ASHTEAD, in the KT21 postcode district. The below map shows the position of PARK COTTAGE on PARK LANE.