16, THE DRIVE, COBHAM, KT11 2JQ - £2,500,000

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 THE DRIVE is a very large extended detached house of 600m², built sometime between 1900 and 1929, which could now be worth an estimated £4,502,605. It was last sold for £2,500,000 in January 2010, which was around 198% above the average January 2010 detached price in the Elmbridge local authority area. The most recent EPC inspection was May 2009, where the current energy rating was E, and the potential energy rating was E.

16 THE DRIVE Sold Prices

Land registry data shows three sales for 16 THE DRIVE 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. All of the three 16 THE DRIVE sales were for above 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
2010 15 JAN	£2,500,000	£838,287	198% above HPI
2005 2 FEB	£2,086,800	£673,769	210% above HPI
2000 26 APR	£1,245,000	£450,233	177% above HPI

16 THE DRIVE 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 THE DRIVE sales between April 2000 and January 2010 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 February 2005 sale was for 210% above the HPI. So the extrapolation line tracks at 210% above the HPI over time, until the January 2010 sale, where it falls to 198% above the HPI. The line then continues to track at 198% above the HPI.

What might 16 THE DRIVE be worth now?

16 THE DRIVE might now be worth an estimated £4,502,605.

This is based on house price inflation of 80.1%, between January 2010 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 80.1% inflationary increase is applied to the most recent sale price for 16 THE DRIVE of £2,500,000 on 15th January 2010. For the value to have increased from £2,500,000 to £4,502,605 over the fourteen years and eleven months to February 2025, the following assumptions must hold true:

• The value of 16 THE DRIVE has moved in line with the HPI for detached houses in the Elmbridge local authority area.
• The January 2010 sale price of £2,500,000 represented a fair market value for the property.
• The size, condition, and specification of 16 THE DRIVE has not materially changed since January 2010.

How Large is 16 THE DRIVE?

16 THE DRIVE is 600m², which includes one extension, according to the EPC inspection conducted in May 2009. This puts it in the largest 10% 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 THE DRIVE lies on this distribution: 94% of detached houses houses are smaller than 16 THE DRIVE, and 6% of houses are larger. Note that EPC data is not available for all properties in Cobham.

16 THE DRIVE: Plot and Title Map

16 THE DRIVE sits on a plot of roughly 0.511 of an acre, or 2,067m². The below map shows the location of 16 THE DRIVE, 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 THE DRIVE). 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 THE DRIVE?

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