WALNUT COTTAGE, MILLERS LANE, OUTWOOD, REDHILL, RH1 5PU - £640,000

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

WALNUT COTTAGE is a small extended detached house of 151m², built sometime before 1900. It was last sold for £640,000 in December 2010, which was around 17% above the average December 2010 detached price in the Tandridge local authority area. The most recent EPC inspection was June 2010, where the current energy rating was E, and the potential energy rating was D.

WALNUT COTTAGE Sold Prices

Land registry data shows four sales for WALNUT 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 Tandridge local authority area for the corresponding sale date. One of the four WALNUT COTTAGE sales was for above the average price, whilst two 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
2010 16 DEC	£640,000	£547,511	17% above HPI
2006 11 APR	£455,500	£454,390	Close to HPI
2003 23 DEC	£409,950	£421,980	3% below HPI
1996 24 OCT	£157,000	£170,479	8% below HPI

WALNUT COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tandridge local authority area over time, sourced from the HPI. The four WALNUT COTTAGE sales between October 1996 and December 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 April 2006 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the December 2010 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is WALNUT COTTAGE?

WALNUT COTTAGE is 151m², which includes two extensions, according to the EPC inspection conducted in June 2010. This puts it in the smallest 40% of detached houses in Outwood, based on EPC data. The below chart shows the distribution of detached houses by size in Outwood, and where WALNUT COTTAGE lies on this distribution: 30% of detached houses are smaller than WALNUT COTTAGE, and 70% of houses are larger. Note that EPC data is not available for all properties in Outwood.

WALNUT COTTAGE: Plot and Title Map

WALNUT COTTAGE sits on a plot of roughly 0.159 of an acre, or 644m². The below map shows the location of WALNUT 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 WALNUT 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 WALNUT COTTAGE?

WALNUT COTTAGE is located on MILLERS LANE in OUTWOOD, in the RH1 postcode district. The below map shows the position of WALNUT COTTAGE on MILLERS LANE.