12, MILLHEDGE CLOSE, COBHAM, KT11 3BE - £1,685,000

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.

12 MILLHEDGE CLOSE is a midsized extended detached house of 228m², built sometime between 1967 and 1975, which could now be worth an estimated £2,025,733. It was last sold for £1,685,000 in October 2016, which was around 34% above the average October 2016 detached price in the Elmbridge local authority area. The most recent EPC inspection was July 2016, where the current energy rating was C, and the potential energy rating was C.

12 MILLHEDGE CLOSE Sold Prices

Land registry data shows two sales for 12 MILLHEDGE 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. One of the two 12 MILLHEDGE CLOSE sales was for above the average price, whilst the other was 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
2016 7 OCT	£1,685,000	£1,255,840	34% above HPI
2012 23 MAR	£825,000	£908,339	9% below HPI

12 MILLHEDGE 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 12 MILLHEDGE CLOSE sales from March 2012 and October 2016 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 March 2012 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the October 2016 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might 12 MILLHEDGE CLOSE be worth now?

12 MILLHEDGE CLOSE might now be worth an estimated £2,025,733.

This is based on house price inflation of 20.2%, between October 2016 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 20.2% inflationary increase is applied to the most recent sale price for 12 MILLHEDGE CLOSE of £1,685,000 on 7th October 2016. For the value to have increased from £1,685,000 to £2,025,733 over the nine years and eight months to February 2025, the following assumptions must hold true:

• The value of 12 MILLHEDGE CLOSE has moved in line with the HPI for detached houses in the Elmbridge local authority area.
• The October 2016 sale price of £1,685,000 represented a fair market value for the property.
• The size, condition, and specification of 12 MILLHEDGE CLOSE has not materially changed since October 2016.

How Large is 12 MILLHEDGE CLOSE?

12 MILLHEDGE CLOSE is 228m², which includes two extensions, according to the EPC inspection conducted in July 2016. This puts it in the smallest 50% of detached houses houses in Cobham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cobham, and where 12 MILLHEDGE CLOSE lies on this distribution: 43% of detached houses houses are smaller than 12 MILLHEDGE CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Cobham.

12 MILLHEDGE CLOSE: Plot and Title Map

12 MILLHEDGE CLOSE sits on a plot of roughly 0.218 of an acre, or 882m². The below map shows the location of 12 MILLHEDGE 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 12 MILLHEDGE 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 12 MILLHEDGE CLOSE?

12 MILLHEDGE CLOSE is located in COBHAM, in the KT11 postcode district. The below map shows the position of No. 12 on MILLHEDGE CLOSE.