11, SHERWOOD CLOSE, FETCHAM, LEATHERHEAD, KT22 9QT - £425,000

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

11 SHERWOOD CLOSE is a very small extended detached house of 85m², built sometime between 1983 and 1990, which could now be worth an estimated £690,830. It was last sold for £425,000 in May 2013, which was around 29% below the average May 2013 detached price in the Mole Valley local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was B.

11 SHERWOOD CLOSE Sold Prices

Land registry data shows two sales for 11 SHERWOOD 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 Mole Valley local authority area for the corresponding sale date. Both of the two 11 SHERWOOD 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
2013 3 MAY	£425,000	£602,734	29% below HPI
2004 9 SEP	£327,000	£479,972	32% below HPI

11 SHERWOOD CLOSE 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 two 11 SHERWOOD CLOSE sales from September 2004 and May 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 2004 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the May 2013 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 11 SHERWOOD CLOSE be worth now?

11 SHERWOOD CLOSE might now be worth an estimated £690,830.

This is based on house price inflation of 62.5%, between May 2013 and February 2025, for detached houses, in the Mole Valley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 62.5% inflationary increase is applied to the most recent sale price for 11 SHERWOOD CLOSE of £425,000 on 3rd May 2013. For the value to have increased from £425,000 to £690,830 over the twelve years and three months to February 2025, the following assumptions must hold true:

• The value of 11 SHERWOOD CLOSE has moved in line with the HPI for detached houses in the Mole Valley local authority area.
• The May 2013 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 11 SHERWOOD CLOSE has not materially changed since May 2013.

How Large is 11 SHERWOOD CLOSE?

11 SHERWOOD CLOSE is 85m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the smallest 10% of detached houses houses in Fetcham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fetcham, and where 11 SHERWOOD CLOSE lies on this distribution: 6% of detached houses houses are smaller than 11 SHERWOOD CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Fetcham.

11 SHERWOOD CLOSE: Plot and Title Map

11 SHERWOOD CLOSE sits on a plot of roughly 0.085 of an acre, or 342m². The below map shows the location of 11 SHERWOOD 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 11 SHERWOOD 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 11 SHERWOOD CLOSE?

11 SHERWOOD CLOSE is located in FETCHAM, in the KT22 postcode district. The below map shows the position of No. 11 on SHERWOOD CLOSE.