1, ELM DRIVE, LEATHERHEAD, KT22 8EX - £902,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 ELM DRIVE is a midsized extended detached house of 167m², built sometime between 1950 and 1966. It was last sold for £902,000 in February 2021, which was around 6% above the average February 2021 detached price in the Mole Valley local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was C.

1 ELM DRIVE Sold Prices

Land registry data shows two sales for 1 ELM DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mole Valley local authority area for the corresponding sale date. One of the two 1 ELM DRIVE sales was for above the average price, whilst the other was 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
2021 18 FEB	£902,000	£847,137	6% above HPI
1996 29 OCT	£171,000	£188,382	9% below HPI

1 ELM DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mole Valley local authority area over time, sourced from the HPI. The two 1 ELM DRIVE sales from October 1996 and February 2021 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 October 1996 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the February 2021 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 1 ELM DRIVE?

1 ELM DRIVE is 167m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the largest 50% of detached houses in Leatherhead, based on EPC data. The below chart shows the distribution of detached houses by size in Leatherhead, and where 1 ELM DRIVE lies on this distribution: 58% of detached houses are smaller than 1 ELM DRIVE, and 41% of houses are larger. Note that EPC data is not available for all properties in Leatherhead.

1 ELM DRIVE: Plot and Title Map

1 ELM DRIVE sits on a plot of roughly 0.198 of an acre, or 803m². The below map shows the location of 1 ELM DRIVE, 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 1 ELM DRIVE). 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 1 ELM DRIVE?

1 ELM DRIVE is located in LEATHERHEAD, in the KT22 postcode district. The below map shows the position of No. 1 on ELM DRIVE.