1, MIDGARTH CLOSE, OXSHOTT, LEATHERHEAD, KT22 0JY - £1,140,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 MIDGARTH CLOSE is a small detached house of 232m², built sometime between 1996 and 2002, which could now be worth an estimated £1,825,978. It was last sold for £1,140,000 in January 2013, which was around 20% above the average January 2013 detached price in the Elmbridge local authority area. The most recent EPC inspection was June 2009, where the current energy rating was D, and the potential energy rating was C.

1 MIDGARTH CLOSE Sold Prices

Land registry data shows four sales for 1 MIDGARTH CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Elmbridge local authority area for the corresponding sale date. All of the four 1 MIDGARTH 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
2013 3 JAN	£1,140,000	£947,179	20% above HPI
2011 14 SEP	£1,050,000	£902,964	16% above HPI
2004 23 JUN	£815,000	£624,583	30% above HPI
1995 21 DEC	£350,000	£244,516	43% above HPI

1 MIDGARTH CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Elmbridge local authority area over time, sourced from the HPI. The four 1 MIDGARTH CLOSE sales between December 1995 and January 2013 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 2011 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the January 2013 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 1 MIDGARTH CLOSE be worth now?

1 MIDGARTH CLOSE might now be worth an estimated £1,825,978.

This is based on house price inflation of 60.2%, between January 2013 and March 2025, for detached houses, in the Elmbridge local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 60.2% inflationary increase is applied to the most recent sale price for 1 MIDGARTH CLOSE of £1,140,000 on 3rd January 2013. For the value to have increased from £1,140,000 to £1,825,978 over the eleven years and ten months to March 2025, the following assumptions must hold true:

• The value of 1 MIDGARTH CLOSE has moved in line with the HPI for detached houses in the Elmbridge local authority area.
• The January 2013 sale price of £1,140,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MIDGARTH CLOSE has not materially changed since January 2013.

How Large is 1 MIDGARTH CLOSE?

1 MIDGARTH CLOSE is 232m² according to the EPC inspection conducted in June 2009. This puts it in the smallest 40% of detached houses houses in Oxshott, based on EPC data. The below chart shows the distribution of detached houses houses by size in Oxshott, and where 1 MIDGARTH CLOSE lies on this distribution: 35% of detached houses houses are smaller than 1 MIDGARTH CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Oxshott.

1 MIDGARTH CLOSE: Plot and Title Map

1 MIDGARTH CLOSE sits on a plot of roughly 0.285 of an acre, or 1,153m². The below map shows the location of 1 MIDGARTH 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 MIDGARTH 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 MIDGARTH CLOSE?

1 MIDGARTH CLOSE is located in OXSHOTT, in the KT22 postcode district. The below map shows the position of No. 1 on MIDGARTH CLOSE.