WILLOW COTTAGE, RIDGEWAY CLOSE, OXSHOTT, LEATHERHEAD, KT22 0LQ - £1,310,000

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

WILLOW COTTAGE is a very small detached house of 136m², built sometime between 1930 and 1949. It was last sold for £1,310,000 in February 2024, which was around 6% below the average February 2024 detached price in the Elmbridge local authority area. The most recent EPC inspection was January 2018, where the current energy rating was E, and the potential energy rating was C.

WILLOW COTTAGE Sold Prices

Land registry data shows two sales for WILLOW 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 Elmbridge local authority area for the corresponding sale date. One of the two WILLOW COTTAGE sales was for below the average price, whilst the other was 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
2024 5 FEB	£1,310,000	£1,397,438	6% below HPI
2018 7 AUG	£1,475,000	£1,252,553	18% above HPI

WILLOW COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Elmbridge local authority area over time, sourced from the HPI. The two WILLOW COTTAGE sales from August 2018 and February 2024 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 August 2018 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the February 2024 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is WILLOW COTTAGE?

WILLOW COTTAGE is 136m² according to the EPC inspection conducted in January 2018. This puts it in the smallest 10% of detached houses in Oxshott, based on EPC data. The below chart shows the distribution of detached houses by size in Oxshott, and where WILLOW COTTAGE lies on this distribution: 8% of detached houses are smaller than WILLOW COTTAGE, and 91% of houses are larger. Note that EPC data is not available for all properties in Oxshott.

WILLOW COTTAGE: Plot and Title Map

WILLOW COTTAGE sits on a plot of roughly 0.925 of an acre, or 3,743m². The below map shows the location of WILLOW 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 WILLOW 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 WILLOW COTTAGE?

WILLOW COTTAGE is located on RIDGEWAY CLOSE in OXSHOTT, in the KT22 postcode district. The below map shows the position of WILLOW COTTAGE on RIDGEWAY CLOSE.