THE COTTAGE, WILLEY LANE, CHALDON, CATERHAM, CR3 6AR - £525,000

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

THE COTTAGE is a very large extended detached house of 265m², built sometime between 1930 and 1949. It was last sold for £525,000 in November 2009, which was around 5% above the average November 2009 detached price in the Tandridge local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was C.

THE COTTAGE Sold Prices

Land registry data shows two sales for THE 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 Tandridge local authority area for the corresponding sale date. Both of the two THE COTTAGE sales were 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
2009 2 NOV	£525,000	£497,820	5% above HPI
1999 4 JUN	£282,000	£240,114	17% above 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 two THE COTTAGE sales from June 1999 and November 2009 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 June 1999 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the November 2009 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is THE COTTAGE?

THE COTTAGE is 265m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the largest 10% of detached houses in Caterham, based on EPC data. The below chart shows the distribution of detached houses by size in Caterham, and where THE COTTAGE lies on this distribution: 96% of detached houses are smaller than THE COTTAGE, and 3% of houses are larger. Note that EPC data is not available for all properties in Caterham.

THE COTTAGE: Plot and Title Map

THE COTTAGE sits on a plot of roughly 0.429 of an acre, or 1,737m². 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 WILLEY LANE in CHALDON, in the CR3 postcode district. The below map shows the position of THE COTTAGE on WILLEY LANE.