THE RED COTTAGE, BRIDGE ROAD, CRANLEIGH, GU6 7HH - £790,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

THE RED COTTAGE is a small detached house of 111m², built sometime between 1930 and 1949. It was last sold for £790,000 in April 2017, which was around 9% above the average April 2017 detached price in the Waverley local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was C.

THE RED COTTAGE Sold Prices

Land registry data shows two sales for THE RED 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. One of the two THE RED COTTAGE sales was for above the average price, whilst the other was 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
2017 21 APR	£790,000	£723,541	9% above HPI
2011 4 FEB	£485,000	£538,094	10% below HPI

THE RED 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 THE RED COTTAGE sales from February 2011 and April 2017 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 February 2011 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the April 2017 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is THE RED COTTAGE?

THE RED COTTAGE is 111m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 30% of detached houses in Cranleigh, based on EPC data. The below chart shows the distribution of detached houses by size in Cranleigh, and where THE RED COTTAGE lies on this distribution: 29% of detached houses are smaller than THE RED COTTAGE, and 71% of houses are larger. Note that EPC data is not available for all properties in Cranleigh.

THE RED COTTAGE: Plot and Title Map

THE RED COTTAGE sits on a plot of roughly 0.143 of an acre, or 578m². The below map shows the location of THE RED 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 THE RED 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 THE RED COTTAGE?

THE RED COTTAGE is located on BRIDGE ROAD in CRANLEIGH, in the GU6 postcode district. The below map shows the position of THE RED COTTAGE on BRIDGE ROAD.