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

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

16 THE DRIVE is a very large extended detached house of 600m², built sometime between 1900 and 1929. It was last sold for £2,500,000 in January 2010, which was around 216% 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	£790,105	216% above HPI
2005 2 FEB	£2,086,800	£635,043	229% above HPI
2000 26 APR	£1,245,000	£424,355	193% 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 229% above the HPI. So the extrapolation line tracks at 229% above the HPI over time, until the January 2010 sale, where it falls to 216% above the HPI. The line then continues to track at 216% above the HPI.

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 in Cobham, based on EPC data. The below chart shows the distribution of detached houses by size in Cobham, and where 16 THE DRIVE lies on this distribution: 94% of detached 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.