MILLWATER COTTAGE, MILL ROAD, COBHAM, KT11 3AL - £1,295,000

MILLWATER COTTAGE is a small detached house of 170m², built sometime before 1900. It was last sold for £1,295,000 in October 2019, which was around 5% above the average October 2019 detached price in the Elmbridge local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was B.

MILLWATER COTTAGE Sold Prices

Land registry data shows three sales for MILLWATER COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Elmbridge local authority area for the corresponding sale date. Two of the three MILLWATER COTTAGE 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
2019 24 OCT	£1,295,000	£1,236,297	5% above HPI
2016 7 NOV	£890,000	£1,174,338	24% below HPI
1998 22 JUN	£350,000	£321,350	9% above HPI

MILLWATER 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 three MILLWATER COTTAGE sales between June 1998 and October 2019 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 November 2016 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the October 2019 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is MILLWATER COTTAGE?

MILLWATER COTTAGE is 170m² according to the EPC inspection conducted in September 2017. This puts it in the smallest 30% of detached houses in Cobham, based on EPC data. The below chart shows the distribution of detached houses by size in Cobham, and where MILLWATER COTTAGE lies on this distribution: 23% of detached houses are smaller than MILLWATER COTTAGE, and 77% of houses are larger. Note that EPC data is not available for all properties in Cobham.

MILLWATER COTTAGE: Plot and Title Map

MILLWATER COTTAGE sits on a plot of roughly 0.129 of an acre, or 521m². The below map shows the location of MILLWATER 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 MILLWATER 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 MILLWATER COTTAGE?

MILLWATER COTTAGE is located on MILL ROAD in COBHAM, in the KT11 postcode district. The below map shows the position of MILLWATER COTTAGE on MILL ROAD.