Corner Cottage Millers Lane

    CORNER COTTAGE, MILLERS LANE, OUTWOOD, REDHILL, RH1 5PY

    This detached freehold property on Millers Lane last sold in December 2021 for £925,000. Based on price growth in the RH1 district since then, its estimated current value is £944,873 — placing it in the 95th percentile nationally and the 94th percentile within RH1. The property covers 168 m² (1,808 sq ft), giving an estimated value of £5,624 per m². The EPC rating is F, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,808 sq ft

    168 m²

    Last Sale Price

    £925,000

    Dec 2021

    Estimated Valuation

    £944,873

    Est. £/sq ft

    £522/sq ft

    £5,624/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms6
    Main fueloil (not community)
    EPC currentF
    EPC potentialB
    Floor area1,808 sq ft (168 m²)
    EPC dateAug 2021
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, oil

    Transaction History

    8 Dec 2021

    £925,000

    16 Apr 1996

    £166,000

    Key Metrics

    Estimated valuation£944,873
    Value per sq ft / m²£522/sq ft (£5,624/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RH1 district percentile94th percentile
    National percentile95th percentile

    District Context — RH1

    RH1 covers Redhill and the surrounding areas in central Surrey, positioned between London and the South Coast. It is a commuter-friendly district with a mix of suburban residential character and local commercial activity.

    Average Property Price - RH1

    £474,137

    78

    National percentile

    Average Net Household Income - RH1

    £50,908

    90

    National percentile

    10-Year Annualised Price Growth - RH1

    3.5%

    46

    National percentile

    10-Year Annualised Rent Growth - RH

    3.6%

    34

    National percentile

    View full analysis for RH1

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