STEP COTTAGE, CHURCH LANE, WITLEY, GODALMING, GU8 5PN - £472,500

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

STEP COTTAGE is a large extended detached house of 169m², built sometime before 1900. It was last sold for £472,500 in March 2004, which was around 18% above the average March 2004 detached price in the Waverley local authority area. The most recent EPC inspection was July 2014, where the current energy rating was E, and the potential energy rating was D.

STEP COTTAGE Sold Prices

Land registry data shows three sales for STEP COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Waverley local authority area for the corresponding sale date. All of the three STEP COTTAGE 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
2004 31 MAR	£472,500	£401,789	18% above HPI
1997 6 MAY	£222,000	£176,660	26% above HPI
1995 2 MAY	£195,500	£151,729	29% above HPI

STEP 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 three STEP COTTAGE sales between May 1995 and March 2004 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 May 1997 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the March 2004 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is STEP COTTAGE?

STEP COTTAGE is 169m², which includes two extensions, according to the EPC inspection conducted in July 2014. This puts it in the largest 40% of detached houses in Witley, based on EPC data. The below chart shows the distribution of detached houses by size in Witley, and where STEP COTTAGE lies on this distribution: 68% of detached houses are smaller than STEP COTTAGE, and 30% of houses are larger. Note that EPC data is not available for all properties in Witley.

STEP COTTAGE: Plot and Title Map

STEP COTTAGE sits on a plot of roughly 0.301 of an acre, or 1,216m². The below map shows the location of STEP 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 STEP 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 STEP COTTAGE?

STEP COTTAGE is located on CHURCH LANE in WITLEY, in the GU8 postcode district. The below map shows the position of STEP COTTAGE on CHURCH LANE.