16, MILLHEDGE CLOSE, COBHAM, KT11 3BE - £620,000

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

16 MILLHEDGE CLOSE is a very small detached house of 154m², built sometime between 1976 and 1982, which could now be worth an estimated £1,508,017. It was last sold for £620,000 in August 2003, which was about the average August 2003 detached price in the Elmbridge local authority area. The most recent EPC inspection was March 2011, where the current energy rating was E, and the potential energy rating was D.

16 MILLHEDGE CLOSE Sold Prices

Land registry data shows three sales for 16 MILLHEDGE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Elmbridge local authority area for the corresponding sale date. The three 16 MILLHEDGE CLOSE sales were a mix of roughly equal to the average price, and 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
2003 11 AUG	£620,000	£620,729	Close to HPI
2001 31 AUG	£527,500	£544,138	3% below HPI
2000 18 SEP	£465,000	£504,772	8% below HPI

16 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 three 16 MILLHEDGE CLOSE sales between September 2000 and August 2003 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 2001 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the August 2003 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 16 MILLHEDGE CLOSE be worth now?

16 MILLHEDGE CLOSE might now be worth an estimated £1,508,017.

This is based on house price inflation of 143.2%, between August 2003 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 143.2% inflationary increase is applied to the most recent sale price for 16 MILLHEDGE CLOSE of £620,000 on 11th August 2003. For the value to have increased from £620,000 to £1,508,017 over the 22 years and six months to February 2025, the following assumptions must hold true:

• The value of 16 MILLHEDGE CLOSE has moved in line with the HPI for detached houses in the Elmbridge local authority area.
• The August 2003 sale price of £620,000 represented a fair market value for the property.
• The size, condition, and specification of 16 MILLHEDGE CLOSE has not materially changed since August 2003.

How Large is 16 MILLHEDGE CLOSE?

16 MILLHEDGE CLOSE is 154m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 20% 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 16 MILLHEDGE CLOSE lies on this distribution: 17% of detached houses houses are smaller than 16 MILLHEDGE CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Cobham.

16 MILLHEDGE CLOSE: Plot and Title Map

16 MILLHEDGE CLOSE sits on a plot of roughly 0.181 of an acre, or 734m². The below map shows the location of 16 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 16 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 16 MILLHEDGE CLOSE?

16 MILLHEDGE CLOSE is located in COBHAM, in the KT11 postcode district. The below map shows the position of No. 16 on MILLHEDGE CLOSE.