2, OAKS CLOSE, LEATHERHEAD, KT22 7SH - £375,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 OAKS CLOSE is a very small detached house of 58m², built sometime between 1930 and 1949. It was last sold for £375,000 in August 2013, which was around 40% below the average August 2013 detached price in the Mole Valley local authority area. The most recent EPC inspection was January 2010, where the current energy rating was E, and the potential energy rating was D.

2 OAKS CLOSE Sold Prices

Land registry data shows four sales for 2 OAKS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Mole Valley local authority area for the corresponding sale date. All of the four 2 OAKS CLOSE 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
2013 20 AUG	£375,000	£622,471	40% below HPI
2010 29 APR	£320,000	£564,189	43% below HPI
2002 26 SEP	£240,000	£406,983	41% below HPI
1997 9 MAY	£104,500	£197,435	47% below HPI

2 OAKS CLOSE 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 four 2 OAKS CLOSE sales between May 1997 and August 2013 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 April 2010 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the August 2013 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 2 OAKS CLOSE?

2 OAKS CLOSE is 58m² according to the EPC inspection conducted in January 2010. This puts it in the smallest 10% of detached houses in Leatherhead, based on EPC data. The below chart shows the distribution of detached houses by size in Leatherhead, and where 2 OAKS CLOSE lies on this distribution: 2% of detached houses are smaller than 2 OAKS CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Leatherhead.

2 OAKS CLOSE: Plot and Title Map

2 OAKS CLOSE sits on a plot of roughly 0.148 of an acre, or 598m². The below map shows the location of 2 OAKS CLOSE, 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 OAKS CLOSE). 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 OAKS CLOSE?

2 OAKS CLOSE is located in LEATHERHEAD, in the KT22 postcode district. The below map shows the position of No. 2 on OAKS CLOSE.