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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 ELM DRIVE is a midsized extended detached house of 167m², built sometime between 1950 and 1966, which could now be worth an estimated £985,717. It was last sold for £902,000 in February 2021, which was around 3% 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	£879,067	3% above HPI
1996 29 OCT	£171,000	£195,482	13% 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 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the February 2021 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 1 ELM DRIVE be worth now?

1 ELM DRIVE might now be worth an estimated £985,717.

This is based on house price inflation of 9.3%, between February 2021 and December 2024, for detached houses, in the Mole Valley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 9.3% inflationary increase is applied to the most recent sale price for 1 ELM DRIVE of £902,000 on 18th February 2021. For the value to have increased from £902,000 to £985,717 over the two years and two months to December 2024, the following assumptions must hold true:

• The value of 1 ELM DRIVE has moved in line with the HPI for detached houses in the Mole Valley local authority area.
• The February 2021 sale price of £902,000 represented a fair market value for the property.
• The size, condition, and specification of 1 ELM DRIVE has not materially changed since February 2021.

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 houses in Leatherhead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Leatherhead, and where 1 ELM DRIVE lies on this distribution: 59% of detached houses 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.