1, OAK LODGE CLOSE, HERSHAM, WALTON-ON-THAMES, KT12 5JQ - £627,500

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 OAK LODGE CLOSE is a very small extended detached house of 89m², built sometime between 1930 and 1949, which could now be worth an estimated £661,911. It was last sold for £627,500 in August 2021, which was around 56% below the average August 2021 detached price in the Elmbridge local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

1 OAK LODGE CLOSE Sold Prices

Land registry data shows two sales for 1 OAK LODGE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Elmbridge local authority area for the corresponding sale date. Both of the two 1 OAK LODGE CLOSE sales were 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 23 AUG	£627,500	£1,431,300	56% below HPI
1995 31 AUG	£102,500	£242,377	58% below HPI

1 OAK LODGE 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 two 1 OAK LODGE CLOSE sales from August 1995 and August 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 August 1995 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the August 2021 sale, where it rises to 56% below the HPI. The line then continues to track at 56% below the HPI.

What might 1 OAK LODGE CLOSE be worth now?

1 OAK LODGE CLOSE might now be worth an estimated £661,911.

This is based on house price inflation of 5.5%, between August 2021 and February 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 5.5% inflationary increase is applied to the most recent sale price for 1 OAK LODGE CLOSE of £627,500 on 23rd August 2021. For the value to have increased from £627,500 to £661,911 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of 1 OAK LODGE CLOSE has moved in line with the HPI for detached houses in the Elmbridge local authority area.
• The August 2021 sale price of £627,500 represented a fair market value for the property.
• The size, condition, and specification of 1 OAK LODGE CLOSE has not materially changed since August 2021.

How Large is 1 OAK LODGE CLOSE?

1 OAK LODGE CLOSE is 89m², which includes one extension, according to the EPC inspection conducted in January 2020. This puts it in the smallest 20% of detached houses houses in Hersham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hersham, and where 1 OAK LODGE CLOSE lies on this distribution: 15% of detached houses houses are smaller than 1 OAK LODGE CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Hersham.

1 OAK LODGE CLOSE: Plot and Title Map

1 OAK LODGE CLOSE sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 1 OAK LODGE 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 OAK LODGE 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 OAK LODGE CLOSE?

1 OAK LODGE CLOSE is located in HERSHAM, in the KT12 postcode district. The below map shows the position of No. 1 on OAK LODGE CLOSE.