2, OAK COTTAGES, WOKING ROAD, JACOBS WELL, GUILDFORD, GU4 7PS - £490,000

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.

2 OAK COTTAGES is a very small semi-detached house of 82m², built sometime between 1900 and 1929, which could now be worth an estimated £554,071. It was last sold for £490,000 in June 2021, which was around 7% above the average June 2021 semi-detached price in the Guildford local authority area. The most recent EPC inspection was April 2009, where the current energy rating was E, and the potential energy rating was E.

2 OAK COTTAGES Sold Prices

Land registry data shows three sales for 2 OAK COTTAGES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Guildford local authority area for the corresponding sale date. Two of the three 2 OAK COTTAGES sales were for above the average price, whilst one 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
2021 28 JUN	£490,000	£459,246	7% above HPI
2009 28 OCT	£315,000	£277,894	13% above HPI
2008 23 DEC	£205,000	£250,173	18% below HPI

2 OAK COTTAGES Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Guildford local authority area over time, sourced from the HPI. The three 2 OAK COTTAGES sales between December 2008 and June 2021 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 October 2009 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the June 2021 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 2 OAK COTTAGES be worth now?

2 OAK COTTAGES might now be worth an estimated £554,071.

This is based on house price inflation of 13.1%, between June 2021 and February 2025, for semi-detached houses, in the Guildford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.1% inflationary increase is applied to the most recent sale price for 2 OAK COTTAGES of £490,000 on 28th June 2021. For the value to have increased from £490,000 to £554,071 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 2 OAK COTTAGES has moved in line with the HPI for semi-detached houses in the Guildford local authority area.
• The June 2021 sale price of £490,000 represented a fair market value for the property.
• The size, condition, and specification of 2 OAK COTTAGES has not materially changed since June 2021.

How Large is 2 OAK COTTAGES?

2 OAK COTTAGES is 82m² according to the EPC inspection conducted in April 2009. This puts it in the smallest 20% of semi-detached houses houses in Jacobs Well, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Jacobs Well, and where 2 OAK COTTAGES lies on this distribution: 18% of semi-detached houses houses are smaller than 2 OAK COTTAGES, and 82% of houses are larger. Note that EPC data is not available for all properties in Jacobs Well.

2 OAK COTTAGES: Plot and Title Map

2 OAK COTTAGES sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 2 OAK COTTAGES, 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 2 OAK COTTAGES). 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 2 OAK COTTAGES?

2 OAK COTTAGES is located on WOKING ROAD in JACOBS WELL, in the GU4 postcode district. The below map shows the position of 2 OAK COTTAGES on WOKING ROAD.