TULIP TREE COTTAGE, SPRATTS LANE, OTTERSHAW, CHERTSEY, KT16 0HU - £740,000

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

TULIP TREE COTTAGE is a very large extended detached house of 171m², built sometime between 1950 and 1966. It was last sold for £740,000 in January 2010, which was around 54% above the average January 2010 detached price in the Runnymede local authority area. The most recent EPC inspection was June 2009, where the current energy rating was D, and the potential energy rating was C.

TULIP TREE COTTAGE Sold Prices

Land registry data shows two sales for TULIP TREE 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 Runnymede local authority area for the corresponding sale date. Both of the two TULIP TREE 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
2010 29 JAN	£740,000	£480,875	54% above HPI
2004 10 MAY	£620,000	£399,643	55% above HPI

TULIP TREE COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Runnymede local authority area over time, sourced from the HPI. The two TULIP TREE COTTAGE sales from May 2004 and January 2010 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 2004 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the January 2010 sale, where it falls to 54% above the HPI. The line then continues to track at 54% above the HPI.

How Large is TULIP TREE COTTAGE?

TULIP TREE COTTAGE is 171m², which includes one extension, according to the EPC inspection conducted in June 2009. This puts it in the largest 20% of detached houses in Ottershaw, based on EPC data. The below chart shows the distribution of detached houses by size in Ottershaw, and where TULIP TREE COTTAGE lies on this distribution: 83% of detached houses are smaller than TULIP TREE COTTAGE, and 17% of houses are larger. Note that EPC data is not available for all properties in Ottershaw.

TULIP TREE COTTAGE: Plot and Title Map

TULIP TREE COTTAGE sits on a plot of roughly 0.254 of an acre, or 1,028m². The below map shows the location of TULIP TREE 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 TULIP TREE 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 TULIP TREE COTTAGE?

TULIP TREE COTTAGE is located on SPRATTS LANE in OTTERSHAW, in the KT16 postcode district. The below map shows the position of TULIP TREE COTTAGE on SPRATTS LANE.