SPRING COTTAGE, GRAYSWOOD COMMON, GRAYSWOOD, HASLEMERE, GU27 2DP - £515,000

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.

SPRING COTTAGE is a very small detached house of 80m², built sometime between 1930 and 1949, which could now be worth an estimated £594,162. It was last sold for £515,000 in March 2021, which was around 35% below the average March 2021 detached price in the Waverley local authority area. The most recent EPC inspection was March 2018, where the current energy rating was E, and the potential energy rating was A.

SPRING COTTAGE Sold Prices

Land registry data shows two sales for SPRING 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 SPRING 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
2021 30 MAR	£515,000	£798,194	35% below HPI
2018 13 JUL	£460,000	£806,737	43% below HPI

SPRING 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 SPRING COTTAGE sales from July 2018 and March 2021 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 July 2018 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the March 2021 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might SPRING COTTAGE be worth now?

SPRING COTTAGE might now be worth an estimated £594,162.

This is based on house price inflation of 15.4%, between March 2021 and February 2025, 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 15.4% inflationary increase is applied to the most recent sale price for SPRING COTTAGE of £515,000 on 30th March 2021. For the value to have increased from £515,000 to £594,162 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of SPRING COTTAGE has moved in line with the HPI for detached houses in the Waverley local authority area.
• The March 2021 sale price of £515,000 represented a fair market value for the property.
• The size, condition, and specification of SPRING COTTAGE has not materially changed since March 2021.

How Large is SPRING COTTAGE?

SPRING COTTAGE is 80m² according to the EPC inspection conducted in March 2018. This puts it in the smallest 20% of detached houses houses in Grayswood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Grayswood, and where SPRING COTTAGE lies on this distribution: 12% of detached houses houses are smaller than SPRING COTTAGE, and 85% of houses are larger. Note that EPC data is not available for all properties in Grayswood.

SPRING COTTAGE: Plot and Title Map

SPRING COTTAGE sits on a plot of roughly 0.113 of an acre, or 457m². The below map shows the location of SPRING 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 SPRING 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 SPRING COTTAGE?

SPRING COTTAGE is located on GRAYSWOOD COMMON in GRAYSWOOD, in the GU27 postcode district. The below map shows the position of SPRING COTTAGE on GRAYSWOOD COMMON.