2, OAK WAY, ASHTEAD, KT21 1LQ - £1,512,000

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

2 OAK WAY is a very large detached house of 286m². It was last sold for £1,512,000 in December 2022, which was around 58% above the average December 2022 detached price in the Mole Valley local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was B.

2 OAK WAY Sold Prices

Land registry data shows three sales for 2 OAK WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Mole Valley local authority area for the corresponding sale date. One of the three 2 OAK WAY sales was for above the average price, whilst two 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 12 DEC	£1,512,000	£956,740	58% above HPI
2020 6 MAR	£730,000	£806,290	9% below HPI
1996 2 DEC	£188,500	£191,072	1% below HPI

2 OAK 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 three 2 OAK WAY sales between December 1996 and December 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 March 2020 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the December 2022 sale, where it rises to 58% above the HPI. The line then continues to track at 58% above the HPI.

How Large is 2 OAK WAY?

2 OAK WAY is 286m² according to the EPC inspection conducted in October 2020. This puts it in the largest 10% of detached houses in Ashtead, based on EPC data. The below chart shows the distribution of detached houses by size in Ashtead, and where 2 OAK WAY lies on this distribution: 92% of detached houses are smaller than 2 OAK WAY, and 8% of houses are larger. Note that EPC data is not available for all properties in Ashtead.

2 OAK WAY: Plot and Title Map

2 OAK WAY sits on a plot of roughly 0.268 of an acre, or 1,086m². The below map shows the location of 2 OAK 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 OAK 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 OAK WAY?

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