SPRING COTTAGE, SPRING LANE, OXTED, RH8 9PB - £1,195,000

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.

SPRING COTTAGE is a small extended detached house of 144m², built sometime before 1900, which could now be worth an estimated £1,069,796. It was last sold for £1,195,000 in October 2022, which was around 25% above the average October 2022 detached price in the Tandridge local authority area. The most recent EPC inspection was April 2022, where the current energy rating was F, and the potential energy rating was D.

SPRING COTTAGE Sold Prices

Land registry data shows one sale for SPRING COTTAGE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Tandridge local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 28 OCT	£1,195,000	£957,012	25% above HPI

What might SPRING COTTAGE be worth now?

SPRING COTTAGE might now be worth an estimated £1,069,796.

This is based on house price deflation of 10.5%, between October 2022 and May 2026, for detached houses, in the Tandridge local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 10.5% deflationary decrease is applied to the most recent sale price for SPRING COTTAGE of £1,195,000 on 28th October 2022. For the value to have decreased from £1,195,000 to £1,069,796 over the four years and five months to May 2026, the following assumptions must hold true:

• The value of SPRING COTTAGE has moved in line with the HPI for detached houses in the Tandridge local authority area.
• The October 2022 sale price of £1,195,000 represented a fair market value for the property.
• The size, condition, and specification of SPRING COTTAGE has not materially changed since October 2022.

How Large is SPRING COTTAGE?

SPRING COTTAGE is 144m², which includes two extensions, according to the EPC inspection conducted in April 2022. This puts it in the smallest 40% of detached houses in Oxted, based on EPC data. The below chart shows the distribution of detached houses by size in Oxted, and where SPRING COTTAGE lies on this distribution: 39% of detached houses are smaller than SPRING COTTAGE, and 61% of detached houses are larger. Note that EPC data is not available for all properties in Oxted.

SPRING COTTAGE: Plot

SPRING COTTAGE sits on a plot of roughly 0.165 of an acre, or 667m².

Where is SPRING COTTAGE?

SPRING COTTAGE is located on SPRING LANE in OXTED, in the RH8 postcode district.