PINE COTTAGE, PEAT COMMON, ELSTEAD, GODALMING, GU8 6DX - £565,000

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

PINE COTTAGE is a very small detached house of 90m², built sometime from 2007 onwards. It was last sold for £565,000 in June 2018, which was around 25% below the average June 2018 detached price in the Waverley local authority area. The most recent EPC inspection was December 2015, where the current energy rating was C, and the potential energy rating was B.

PINE COTTAGE Sold Prices

Land registry data shows two sales for PINE 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 Waverley local authority area for the corresponding sale date. Both of the two PINE 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 22 JUN	£565,000	£754,259	25% below HPI
2016 25 MAY	£590,000	£716,675	18% below HPI

PINE 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 two PINE COTTAGE sales from May 2016 and June 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 2016 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the June 2018 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is PINE COTTAGE?

PINE COTTAGE is 90m² according to the EPC inspection conducted in December 2015. This puts it in the smallest 20% of detached houses in Elstead, based on EPC data. The below chart shows the distribution of detached houses by size in Elstead, and where PINE COTTAGE lies on this distribution: 11% of detached houses are smaller than PINE COTTAGE, and 88% of houses are larger. Note that EPC data is not available for all properties in Elstead.

PINE COTTAGE: Plot and Title Map

PINE COTTAGE sits on a plot of roughly 0.115 of an acre, or 467m². The below map shows the location of PINE 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 PINE 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 PINE COTTAGE?

PINE COTTAGE is located on PEAT COMMON in ELSTEAD, in the GU8 postcode district. The below map shows the position of PINE COTTAGE on PEAT COMMON.