1, OAK WAY, ASHTEAD, KT21 1LQ - £575,000

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 OAK WAY is a midsized extended detached house of 159m², built sometime between 1950 and 1966. It was last sold for £575,000 in September 2012, which was around 6% below the average September 2012 detached price in the Mole Valley local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was C.

1 OAK WAY Sold Prices

Land registry data shows four sales for 1 OAK WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Mole Valley local authority area for the corresponding sale date. All of the four 1 OAK WAY 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
2012 21 SEP	£575,000	£614,760	6% below HPI
2006 16 NOV	£430,000	£510,633	16% below HPI
2005 30 AUG	£350,000	£467,600	25% below HPI
1998 19 OCT	£90,000	£251,036	64% below HPI

1 OAK WAY 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 four 1 OAK WAY sales between October 1998 and September 2012 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 2006 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the September 2012 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 1 OAK WAY?

1 OAK WAY is 159m², which includes one extension, according to the EPC inspection conducted in May 2023. This puts it in the largest 50% of detached houses in Ashtead, based on EPC data. The below chart shows the distribution of detached houses by size in Ashtead, and where 1 OAK WAY lies on this distribution: 53% of detached houses are smaller than 1 OAK WAY, and 46% of houses are larger. Note that EPC data is not available for all properties in Ashtead.

1 OAK WAY: Plot and Title Map

1 OAK WAY sits on a plot of roughly 0.240 of an acre, or 970m². The below map shows the location of 1 OAK WAY, 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 WAY). 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 WAY?

1 OAK WAY is located in ASHTEAD, in the KT21 postcode district. The below map shows the position of No. 1 on OAK WAY.