SPRUCE COTTAGE, DENE WALK, LOWER BOURNE, FARNHAM, GU10 3PL - £783,250

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

SPRUCE COTTAGE is a midsized extended detached house of 163m², built sometime between 1991 and 1995. It was last sold for £783,250 in January 2021, which was around 2% above the average January 2021 detached price in the Waverley local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was C.

SPRUCE COTTAGE Sold Prices

Land registry data shows four sales for SPRUCE COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Waverley local authority area for the corresponding sale date. The four SPRUCE COTTAGE sales were a mix of above the average price, and roughly equal to 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 13 JAN	£783,250	£770,062	2% above HPI
2007 13 AUG	£542,000	£535,748	1% above HPI
2003 23 SEP	£400,000	£401,984	Close to HPI
1998 30 JUL	£218,000	£217,817	Close to HPI

SPRUCE 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 four SPRUCE COTTAGE sales between July 1998 and January 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 August 2007 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the January 2021 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is SPRUCE COTTAGE?

SPRUCE COTTAGE is 163m², which includes one extension, according to the EPC inspection conducted in October 2020. This puts it in the largest 50% of detached houses in Farnham, based on EPC data. The below chart shows the distribution of detached houses by size in Farnham, and where SPRUCE COTTAGE lies on this distribution: 55% of detached houses are smaller than SPRUCE COTTAGE, and 45% of houses are larger. Note that EPC data is not available for all properties in Farnham.

SPRUCE COTTAGE: Plot and Title Map

SPRUCE COTTAGE sits on a plot of roughly 0.120 of an acre, or 485m². The below map shows the location of SPRUCE 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 SPRUCE 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 SPRUCE COTTAGE?

SPRUCE COTTAGE is located on DENE WALK in LOWER BOURNE, in the GU10 postcode district. The below map shows the position of SPRUCE COTTAGE on DENE WALK.