18, SPA DRIVE, EPSOM, KT18 7LR - £680,000

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

18 SPA DRIVE is a small extended detached house of 121m², built sometime between 1950 and 1966. It was last sold for £680,000 in August 2022, which was around 28% below the average August 2022 detached price in the Epsom and Ewell local authority area. The most recent EPC inspection was April 2021, where the current energy rating was C, and the potential energy rating was C.

18 SPA DRIVE Sold Prices

Land registry data shows three sales for 18 SPA 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 Epsom and Ewell local authority area for the corresponding sale date. All of the three 18 SPA DRIVE 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
2022 31 AUG	£680,000	£949,375	28% below HPI
2015 17 JUL	£420,000	£691,357	39% below HPI
2006 1 FEB	£250,000	£432,411	42% below HPI

18 SPA DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Epsom and Ewell local authority area over time, sourced from the HPI. The three 18 SPA DRIVE sales between February 2006 and August 2022 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 July 2015 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the August 2022 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 18 SPA DRIVE?

18 SPA DRIVE is 121m², which includes two extensions, according to the EPC inspection conducted in April 2021. This puts it in the smallest 30% of detached houses in Epsom, based on EPC data. The below chart shows the distribution of detached houses by size in Epsom, and where 18 SPA DRIVE lies on this distribution: 28% of detached houses are smaller than 18 SPA DRIVE, and 72% of houses are larger. Note that EPC data is not available for all properties in Epsom.

18 SPA DRIVE: Plot and Title Map

18 SPA DRIVE sits on a plot of roughly 0.102 of an acre, or 413m². The below map shows the location of 18 SPA 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 18 SPA 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 18 SPA DRIVE?

18 SPA DRIVE is located in EPSOM, in the KT18 postcode district. The below map shows the position of No. 18 on SPA DRIVE.