1, LAUREL DRIVE, OXTED, RH8 9DT - £745,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 LAUREL DRIVE is a large extended detached house of 224m², built sometime between 1967 and 1975. It was last sold for £745,000 in October 2010, which was around 37% above the average October 2010 detached price in the Tandridge local authority area. The most recent EPC inspection was October 2008, where the current energy rating was E, and the potential energy rating was D.

1 LAUREL DRIVE Sold Prices

Land registry data shows two sales for 1 LAUREL 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 Tandridge local authority area for the corresponding sale date. Both of the two 1 LAUREL DRIVE 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
2010 18 OCT	£745,000	£545,237	37% above HPI
1996 14 NOV	£284,000	£170,199	67% above HPI

1 LAUREL DRIVE 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 two 1 LAUREL DRIVE sales from November 1996 and October 2010 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 November 1996 sale was for 67% above the HPI. So the extrapolation line tracks at 67% above the HPI over time, until the October 2010 sale, where it falls to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is 1 LAUREL DRIVE?

1 LAUREL DRIVE is 224m², which includes one extension, according to the EPC inspection conducted in October 2008. This puts it in the largest 30% of detached houses in Oxted, based on EPC data. The below chart shows the distribution of detached houses by size in Oxted, and where 1 LAUREL DRIVE lies on this distribution: 78% of detached houses are smaller than 1 LAUREL DRIVE, and 22% of houses are larger. Note that EPC data is not available for all properties in Oxted.

1 LAUREL DRIVE: Plot and Title Map

1 LAUREL DRIVE sits on a plot of roughly 0.499 of an acre, or 2,020m². The below map shows the location of 1 LAUREL 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 LAUREL 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 LAUREL DRIVE?

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