RUSSET HOUSE, RED HOUSE LANE, ELSTEAD, GODALMING, GU8 6DR - £514,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

RUSSET HOUSE is a large extended detached house of 151m², built sometime between 1930 and 1949, which could now be worth an estimated £1,011,690. It was last sold for £514,000 in January 2006, which was around 11% above the average January 2006 detached price in the Waverley local authority area. The most recent EPC inspection was April 2009, where the current energy rating was D, and the potential energy rating was D.

RUSSET HOUSE Sold Prices

Land registry data shows two sales for RUSSET HOUSE 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 RUSSET HOUSE sales were for above 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
2006 26 JAN	£514,000	£462,035	11% above HPI
1995 19 OCT	£180,000	£162,491	11% above HPI

RUSSET HOUSE 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 RUSSET HOUSE sales from October 1995 and January 2006 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 October 1995 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the January 2006 sale, which was also at 11% above the HPI.

What might RUSSET HOUSE be worth now?

RUSSET HOUSE might now be worth an estimated £1,011,690.

This is based on house price inflation of 96.8%, between January 2006 and December 2024, for detached houses, in the Waverley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 96.8% inflationary increase is applied to the most recent sale price for RUSSET HOUSE of £514,000 on 26th January 2006. For the value to have increased from £514,000 to £1,011,690 over the seventeen years and one month to December 2024, the following assumptions must hold true:

• The value of RUSSET HOUSE has moved in line with the HPI for detached houses in the Waverley local authority area.
• The January 2006 sale price of £514,000 represented a fair market value for the property.
• The size, condition, and specification of RUSSET HOUSE has not materially changed since January 2006.

How Large is RUSSET HOUSE?

RUSSET HOUSE is 151m², which includes one extension, according to the EPC inspection conducted in April 2009. This puts it in the largest 40% of detached houses houses in Elstead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Elstead, and where RUSSET HOUSE lies on this distribution: 60% of detached houses houses are smaller than RUSSET HOUSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Elstead.

RUSSET HOUSE: Plot and Title Map

RUSSET HOUSE sits on a plot of roughly 0.301 of an acre, or 1,220m². The below map shows the location of RUSSET HOUSE, 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 RUSSET HOUSE). 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 RUSSET HOUSE?

RUSSET HOUSE is located on RED HOUSE LANE in ELSTEAD, in the GU8 postcode district. The below map shows the position of RUSSET HOUSE on RED HOUSE LANE.