2, FOREST WAY, ASHTEAD, KT21 1JL - £720,000

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

2 FOREST WAY is a midsized extended detached house of 146m², built sometime between 1930 and 1949, which could now be worth an estimated £789,654. It was last sold for £720,000 in November 2020, which was around 18% below the average November 2020 detached price in the Mole Valley local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was C.

2 FOREST WAY Sold Prices

Land registry data shows two sales for 2 FOREST WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mole Valley local authority area for the corresponding sale date. Both of the two 2 FOREST WAY 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
2020 30 NOV	£720,000	£875,918	18% below HPI
1998 4 SEP	£220,000	£257,940	15% below HPI

2 FOREST WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mole Valley local authority area over time, sourced from the HPI. The two 2 FOREST WAY sales from September 1998 and November 2020 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 September 1998 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the November 2020 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 2 FOREST WAY be worth now?

2 FOREST WAY might now be worth an estimated £789,654.

This is based on house price inflation of 9.7%, between November 2020 and December 2024, for detached houses, in the Mole Valley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 9.7% inflationary increase is applied to the most recent sale price for 2 FOREST WAY of £720,000 on 30th November 2020. For the value to have increased from £720,000 to £789,654 over the three years and eleven months to December 2024, the following assumptions must hold true:

• The value of 2 FOREST WAY has moved in line with the HPI for detached houses in the Mole Valley local authority area.
• The November 2020 sale price of £720,000 represented a fair market value for the property.
• The size, condition, and specification of 2 FOREST WAY has not materially changed since November 2020.

How Large is 2 FOREST WAY?

2 FOREST WAY is 146m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the smallest 50% of detached houses houses in Ashtead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ashtead, and where 2 FOREST WAY lies on this distribution: 45% of detached houses houses are smaller than 2 FOREST WAY, and 55% of houses are larger. Note that EPC data is not available for all properties in Ashtead.

2 FOREST WAY: Plot and Title Map

2 FOREST WAY sits on a plot of roughly 0.174 of an acre, or 704m². The below map shows the location of 2 FOREST WAY, 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 2 FOREST WAY). 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 2 FOREST WAY?

2 FOREST WAY is located in ASHTEAD, in the KT21 postcode district. The below map shows the position of No. 2 on FOREST WAY.