1, GRESHAM CLOSE, OXTED, RH8 0BH - £1,215,000

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 GRESHAM CLOSE is a midsized extended detached house of 225m², built sometime between 1983 and 1990, which could now be worth an estimated £1,383,026. It was last sold for £1,215,000 in February 2019, which was around 55% above the average February 2019 detached price in the Tandridge local authority area. The most recent EPC inspection was September 2017, where the current energy rating was C, and the potential energy rating was B.

1 GRESHAM CLOSE Sold Prices

Land registry data shows three sales for 1 GRESHAM CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Tandridge local authority area for the corresponding sale date. All of the three 1 GRESHAM CLOSE 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
2019 1 FEB	£1,215,000	£785,245	55% above HPI
2015 30 SEP	£984,000	£704,756	40% above HPI
2000 6 JUL	£495,000	£317,454	56% above HPI

1 GRESHAM CLOSE 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 three 1 GRESHAM CLOSE sales between July 2000 and February 2019 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 September 2015 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the February 2019 sale, where it rises to 55% above the HPI. The line then continues to track at 55% above the HPI.

What might 1 GRESHAM CLOSE be worth now?

1 GRESHAM CLOSE might now be worth an estimated £1,383,026.

This is based on house price inflation of 13.8%, between February 2019 and December 2024, for detached houses, in the Tandridge local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.8% inflationary increase is applied to the most recent sale price for 1 GRESHAM CLOSE of £1,215,000 on 1st February 2019. For the value to have increased from £1,215,000 to £1,383,026 over the four years and two months to December 2024, the following assumptions must hold true:

• The value of 1 GRESHAM CLOSE has moved in line with the HPI for detached houses in the Tandridge local authority area.
• The February 2019 sale price of £1,215,000 represented a fair market value for the property.
• The size, condition, and specification of 1 GRESHAM CLOSE has not materially changed since February 2019.

How Large is 1 GRESHAM CLOSE?

1 GRESHAM CLOSE is 225m², which includes one extension, according to the EPC inspection conducted in September 2017. This puts it in the largest 50% of detached houses houses in Limpsfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Limpsfield, and where 1 GRESHAM CLOSE lies on this distribution: 58% of detached houses houses are smaller than 1 GRESHAM CLOSE, and 42% of houses are larger. Note that EPC data is not available for all properties in Limpsfield.

1 GRESHAM CLOSE: Plot and Title Map

1 GRESHAM CLOSE sits on a plot of roughly 0.158 of an acre, or 639m². The below map shows the location of 1 GRESHAM CLOSE, 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 GRESHAM CLOSE). 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 GRESHAM CLOSE?

1 GRESHAM CLOSE is located in OXTED, in the RH8 postcode district. The below map shows the position of No. 1 on GRESHAM CLOSE.