REDWOOD COTTAGE, WESTERHAM ROAD, OXTED, RH8 0SW - £650,000

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

REDWOOD COTTAGE is a very small extended detached house of 90m², built sometime between 1900 and 1929. It was last sold for £650,000 in March 2019, which was around 15% below the average March 2019 detached price in the Tandridge local authority area. The most recent EPC inspection was August 2018, where the current energy rating was E, and the potential energy rating was A.

REDWOOD COTTAGE Sold Prices

Land registry data shows two sales for REDWOOD 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 Tandridge local authority area for the corresponding sale date. Both of the two REDWOOD 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 28 MAR	£650,000	£761,926	15% below HPI
2013 21 NOV	£440,000	£561,360	22% below HPI

REDWOOD COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tandridge local authority area over time, sourced from the HPI. The two REDWOOD COTTAGE sales from November 2013 and March 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 November 2013 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the March 2019 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is REDWOOD COTTAGE?

REDWOOD COTTAGE is 90m², which includes two extensions, according to the EPC inspection conducted in August 2018. This puts it in the smallest 10% of detached houses in Limpsfield, based on EPC data. The below chart shows the distribution of detached houses by size in Limpsfield, and where REDWOOD COTTAGE lies on this distribution: 2% of detached houses are smaller than REDWOOD COTTAGE, and 98% of houses are larger. Note that EPC data is not available for all properties in Limpsfield.

REDWOOD COTTAGE: Plot and Title Map

REDWOOD COTTAGE sits on a plot of roughly 0.131 of an acre, or 530m². The below map shows the location of REDWOOD 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 REDWOOD 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 REDWOOD COTTAGE?

REDWOOD COTTAGE is located on WESTERHAM ROAD in OXTED, in the RH8 postcode district. The below map shows the position of REDWOOD COTTAGE on WESTERHAM ROAD.