2, PADDOCKS CLOSE, COBHAM, KT11 2BD - £835,000

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 PADDOCKS CLOSE is a very small extended detached house of 159m², built sometime between 1967 and 1975. It was last sold for £835,000 in April 2016, which was around 31% below the average April 2016 detached price in the Elmbridge local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

2 PADDOCKS CLOSE Sold Prices

Land registry data shows two sales for 2 PADDOCKS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Elmbridge local authority area for the corresponding sale date. Both of the two 2 PADDOCKS 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
2016 1 APR	£835,000	£1,210,197	31% below HPI
2013 24 OCT	£525,000	£978,211	46% below HPI

2 PADDOCKS CLOSE 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 two 2 PADDOCKS CLOSE sales from October 2013 and April 2016 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 October 2013 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the April 2016 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 2 PADDOCKS CLOSE?

2 PADDOCKS CLOSE is 159m², which includes one extension, according to the EPC inspection conducted in January 2015. This puts it in the smallest 20% of detached houses in Cobham, based on EPC data. The below chart shows the distribution of detached houses by size in Cobham, and where 2 PADDOCKS CLOSE lies on this distribution: 19% of detached houses are smaller than 2 PADDOCKS CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Cobham.

2 PADDOCKS CLOSE: Plot and Title Map

2 PADDOCKS CLOSE sits on a plot of roughly 0.121 of an acre, or 491m². The below map shows the location of 2 PADDOCKS 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 PADDOCKS 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 PADDOCKS CLOSE?

2 PADDOCKS CLOSE is located in COBHAM, in the KT11 postcode district. The below map shows the position of No. 2 on PADDOCKS CLOSE.