SPRING COTTAGE, LEATHERHEAD ROAD, OXSHOTT, LEATHERHEAD, KT22 0ET - £870,000

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

SPRING COTTAGE is a very small extended detached house of 154m², built sometime between 1950 and 1966. It was last sold for £870,000 in August 2016, which was around 29% below the average August 2016 detached price in the Elmbridge local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

SPRING COTTAGE Sold Prices

Land registry data shows five sales for SPRING COTTAGE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Elmbridge local authority area for the corresponding sale date. All of the five 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
2016 17 AUG	£870,000	£1,232,645	29% below HPI
2006 18 JUL	£580,000	£691,053	16% below HPI
2001 31 AUG	£380,000	£512,863	26% below HPI
1999 21 MAY	£270,000	£353,439	24% below HPI
1997 7 FEB	£179,000	£245,288	27% below HPI

SPRING COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Elmbridge local authority area over time, sourced from the HPI. The five SPRING COTTAGE sales between February 1997 and August 2016 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 2006 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the August 2016 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is SPRING COTTAGE?

SPRING COTTAGE is 154m², which includes two extensions, according to the EPC inspection conducted in May 2014. This puts it in the smallest 20% of detached houses in Oxshott, based on EPC data. The below chart shows the distribution of detached houses by size in Oxshott, and where SPRING COTTAGE lies on this distribution: 12% of detached houses are smaller than SPRING COTTAGE, and 88% of houses are larger. Note that EPC data is not available for all properties in Oxshott.

SPRING COTTAGE: Plot and Title Map

SPRING COTTAGE sits on a plot of roughly 0.184 of an acre, or 745m². 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 LEATHERHEAD ROAD in OXSHOTT, in the KT22 postcode district. The below map shows the position of SPRING COTTAGE on LEATHERHEAD ROAD.