THE COTTAGE, TALBOT ROAD, LINGFIELD, RH7 6AD - £385,000

THE COTTAGE is a very small extended detached house of 95m², built sometime between 1950 and 1966. It was last sold for £385,000 in June 2015, which was around 41% below the average June 2015 detached price in the Tandridge local authority area. The most recent EPC inspection was September 2011, where the current energy rating was E, and the potential energy rating was D.

THE COTTAGE Sold Prices

Land registry data shows three sales for THE 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 Tandridge local authority area for the corresponding sale date. All of the three THE COTTAGE sales 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
2015 24 JUN	£385,000	£653,450	41% below HPI
2013 10 JAN	£290,000	£534,552	46% below HPI
2003 11 APR	£210,000	£394,411	47% below HPI

THE 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 three THE COTTAGE sales between April 2003 and June 2015 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 January 2013 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the June 2015 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is THE COTTAGE?

THE COTTAGE is 95m², which includes one extension, according to the EPC inspection conducted in September 2011. This puts it in the smallest 20% of detached houses in Lingfield, based on EPC data. The below chart shows the distribution of detached houses by size in Lingfield, and where THE COTTAGE lies on this distribution: 14% of detached houses are smaller than THE COTTAGE, and 86% of houses are larger. Note that EPC data is not available for all properties in Lingfield.

THE COTTAGE: Plot and Title Map

THE COTTAGE sits on a plot of roughly 0.187 of an acre, or 756m². The below map shows the location of THE 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 THE 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 THE COTTAGE?

THE COTTAGE is located on TALBOT ROAD in LINGFIELD, in the RH7 postcode district. The below map shows the position of THE COTTAGE on TALBOT ROAD.