# 2 bedroom cottage for sale (GU7 1EY) ## Property Details | Key | Value | |-----|-------| | Address | 18 MILL LANE, GODALMING, SURREY GU7 1EY | | Price | £375,000 | | Bedrooms | 2 | | Bathrooms | 1 | | Construction age | England and Wales: before 1900 | | Floor area | 63 m² | | Last sold | £373,500 May 2015 | ## EPC Rating & Upgrade Cost - **Current rating:** D - **Potential rating:** D - **Expiry date:** 25/01/2022 — **EXPIRED** (no longer valid for marketing or letting) - **Current heating cost:** £648/year - **Est. upgrade cost to C:** £25,213 ### Recommendations - B (£100 - £300) - E (£13) - N (£4,000 - £6,000) - O (£2,500 - £6,500) - U (£11,000 - £20,000) [View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/8742-6229-4850-3706-2922) ## Description **DESCRIPTION** **** Garden Cottage is a delightful semi detached Grade II listed period cottage tucked away in a quiet backwater in the conservation area of the town being within a short walk of the High Street and main line station. The cottage has in recent years been fully refurbished to a high standard with care having been taken to retain much of its original charm and character. Internally, the accommodation is presented in excellent decorative order and includes on the ground floor an impressive living/dining room with wood burning stove, kitchen and bath/wet room, whilst on the first floor there are two good sized bedrooms. The property also benefits from gas fired central heating. Outside the cottage is approached by a pedestrian footpath which also provides access to its private landscaped gardens which are a particular feature of the property offering a good deal of seclusion and enjoying a delightful outlook over an adjoining stream. The cottage is likely to appeal to purchasers seeking a town centre property that provides excellent privacy whilst being within minutes from all amenities.  ## Property Photos - ![Photo](/listings/photos/48128410/1313064) - ![Photo](/listings/photos/48128410/1313065) - ![Photo](/listings/photos/48128410/1313066) - ![Photo](/listings/photos/48128410/1313067) - ![Photo](/listings/photos/48128410/1313068) - ![Photo](/listings/photos/48128410/1313069) - ![Photo](/listings/photos/48128410/1313070) - ![Photo](/listings/photos/48128410/1313071) - ![Photo](/listings/photos/48128410/1313072) - ![Photo](/listings/photos/48128410/1313073) - ![Photo](/listings/photos/48128410/1313074) - ![Photo](/listings/photos/48128410/1313075) ## Floorplans - ![Floorplan 1](/listings/photos/48128410/1313076) - Floorplan 1 ## EPC Graphs - ![EPC Front Page](/listings/photos/48128410/1313078) - EPC Front Page - ![EPC 2](/listings/photos/48128410/1313092) - EPC 2 ## FENSA Certificates This property has 1 FENSA certificate(s) on record. ### FENSA Certificate #349073 - **Address:** 18 Mill Lane, Godalming, GU7 1EY - **Certificate Issued:** 16/01/2003 - **Work Completed:** 23/11/2002 - **Items:** 1 window(s) ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 18 MILL LANE, GODALMING, WAVERLEY, SURREY, GU7 1EY | £373,500 | 28/05/2015 | Semi-detached | | 18 MILL LANE, GODALMING, WAVERLEY, SURREY, GU7 1EY | £309,865 | 22/06/2012 | Semi-detached | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | MAGNOLIA LODGE NEW WAY, GODALMING, WAVERLEY, SURREY, GU7 2JH | £595,000 | 09/12/2022 | Detached | | 29 THE MINT, GODALMING, WAVERLEY, SURREY, GU7 1HB | £384,000 | 11/03/2022 | Detached | | 56 - 58 CROFT ROAD, GODALMING, WAVERLEY, SURREY, GU7 1DD | £907,000 | 22/12/2021 | Detached | **Area average:** £628,667 (3 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £904,811 (29 Detached, GU7, 2024–2026) - **Deviation:** -58.6% ## Rental Range *ONS Price Index of Private Rents (Waverley). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £1,301/mo - **Realistic:** £1,445/mo - **Optimistic:** £1,590/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Guildford (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £1,222/mo ## Rental Comparables *Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.* | Title | Rent | Beds | Distance | As seen on | |------|------|------|------|------| | 2 Bed Flat, High Street, GU7 | £1,200/mo | 2 | 0.34 miles | OpenRent | | 2 Bed Semi-Detached House, Brighton Road, GU7 | £1,800/mo | 2 | 0.54 miles | OpenRent | | 2 Bed Semi-Detached House, Peperharow Road, GU7 | £1,500/mo | 2 | 0.6 miles | OpenRent | | 2 Bed Flat, Frith Hill Road, GU7 | £1,500/mo | 2 | 0.69 miles | OpenRent | | 2 Bed Flat, Frith Hill Road, GU7 | £1,650/mo | 2 | 0.69 miles | OpenRent | | 2 Bed Flat, Frith Hill Road, GU7 | £1,685/mo | 2 | 0.69 miles | OpenRent | **Average rent: £1,556/mo (6 listings)** ## 1% Rule - **Rent ratio:** 0.42% (weak for cashflow) - **Max investor price (0.8%):** £196,875 - **Target investor price (1%):** £157,500 *Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.* ## Rent-driven metrics *Based on OpenRent comparables (median £1,575/mo).* - **Gross yield:** 5% - **Cost-to-rent:** 19.8× - **Monthly cashflow:** £-84/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** -0.9% *Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).* ## Price per Square Metre - **£/m²:** £5,952/m² ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** 5% - **10y growth:** 29.7% ## House Price Index (HM Land Registry) *Official index for Waverley; Detached series; as of April 2026.* - **1y growth (index):** 1.7% - **5y growth (index):** 19.5% - **10y growth (index):** 26.3% ## Flood risk - **Zone:** 1 - **Risk:** Low - **Source:** Job (default Low) [Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)