STEPASIDE COTTAGE, PETWORTH ROAD, WORMLEY, GODALMING, GU8 5TU - £615,000

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.

STEPASIDE COTTAGE is a small extended detached house of 106m², built sometime between 1950 and 1966, which could now be worth an estimated £743,411. It was last sold for £615,000 in July 2016, which was around 19% below the average July 2016 detached price in the Waverley local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was A.

STEPASIDE COTTAGE Sold Prices

Land registry data shows two sales for STEPASIDE 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 STEPASIDE 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 22 JUL	£615,000	£761,819	19% below HPI
2008 31 JAN	£535,000	£552,897	3% below HPI

STEPASIDE 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 STEPASIDE COTTAGE sales from January 2008 and July 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 January 2008 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the July 2016 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might STEPASIDE COTTAGE be worth now?

STEPASIDE COTTAGE might now be worth an estimated £743,411.

This is based on house price inflation of 20.9%, between July 2016 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 20.9% inflationary increase is applied to the most recent sale price for STEPASIDE COTTAGE of £615,000 on 22nd July 2016. For the value to have increased from £615,000 to £743,411 over the nine years and five months to February 2025, the following assumptions must hold true:

• The value of STEPASIDE COTTAGE has moved in line with the HPI for detached houses in the Waverley local authority area.
• The July 2016 sale price of £615,000 represented a fair market value for the property.
• The size, condition, and specification of STEPASIDE COTTAGE has not materially changed since July 2016.

How Large is STEPASIDE COTTAGE?

STEPASIDE COTTAGE is 106m², which includes one extension, according to the EPC inspection conducted in November 2015. This puts it in the smallest 30% of detached houses houses in Hambledon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hambledon, and where STEPASIDE COTTAGE lies on this distribution: 25% of detached houses houses are smaller than STEPASIDE COTTAGE, and 75% of houses are larger. Note that EPC data is not available for all properties in Hambledon.

STEPASIDE COTTAGE: Plot and Title Map

STEPASIDE COTTAGE sits on a plot of roughly 0.468 of an acre, or 1,893m². The below map shows the location of STEPASIDE 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 STEPASIDE 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 STEPASIDE COTTAGE?

STEPASIDE COTTAGE is located on PETWORTH ROAD in WORMLEY, in the GU8 postcode district. The below map shows the position of STEPASIDE COTTAGE on PETWORTH ROAD.