SCHOOL COTTAGE, GOMSHALL LANE, SHERE, GUILDFORD, GU5 9HB - £540,000

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.

SCHOOL COTTAGE is a large extended detached house of 186m², built sometime between 1900 and 1929, which could now be worth an estimated £616,369. It was last sold for £540,000 in October 2018, which was around 34% below the average October 2018 detached price in the Guildford local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was C.

SCHOOL COTTAGE Sold Prices

Land registry data shows two sales for SCHOOL 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 Guildford local authority area for the corresponding sale date. Both of the two SCHOOL 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 4 OCT	£540,000	£821,879	34% below HPI
2010 17 DEC	£430,000	£555,824	23% below HPI

SCHOOL COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Guildford local authority area over time, sourced from the HPI. The two SCHOOL COTTAGE sales from December 2010 and October 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 December 2010 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the October 2018 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might SCHOOL COTTAGE be worth now?

SCHOOL COTTAGE might now be worth an estimated £616,369.

This is based on house price inflation of 14.1%, between October 2018 and February 2025, for detached houses, in the Guildford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14.1% inflationary increase is applied to the most recent sale price for SCHOOL COTTAGE of £540,000 on 4th October 2018. For the value to have increased from £540,000 to £616,369 over the seven years and eight months to February 2025, the following assumptions must hold true:

• The value of SCHOOL COTTAGE has moved in line with the HPI for detached houses in the Guildford local authority area.
• The October 2018 sale price of £540,000 represented a fair market value for the property.
• The size, condition, and specification of SCHOOL COTTAGE has not materially changed since October 2018.

How Large is SCHOOL COTTAGE?

SCHOOL COTTAGE is 186m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the largest 40% of detached houses houses in Shere, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shere, and where SCHOOL COTTAGE lies on this distribution: 63% of detached houses houses are smaller than SCHOOL COTTAGE, and 38% of houses are larger. Note that EPC data is not available for all properties in Shere.

SCHOOL COTTAGE: Plot and Title Map

SCHOOL COTTAGE sits on a plot of roughly 0.093 of an acre, or 375m². The below map shows the location of SCHOOL 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 SCHOOL 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 SCHOOL COTTAGE?

SCHOOL COTTAGE is located on GOMSHALL LANE in SHERE, in the GU5 postcode district. The below map shows the position of SCHOOL COTTAGE on GOMSHALL LANE.