2, RYE COTTAGES, ERMYN WAY, LEATHERHEAD, KT22 8TW - £660,000

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 RYE COTTAGES is a small semi-detached house of 132m², which could now be worth an estimated £783,189. It was last sold for £660,000 in February 2020, which was around 42% above the average February 2020 semi-detached price in the Mole Valley local authority area. The most recent EPC inspection was October 2019, where the current energy rating was B, and the potential energy rating was A.

2 RYE COTTAGES Sold Prices

Land registry data shows two sales for 2 RYE COTTAGES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Mole Valley local authority area for the corresponding sale date. One of the two 2 RYE COTTAGES sales was for above the average price, whilst the other was 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 28 FEB	£660,000	£463,466	42% above HPI
2018 4 OCT	£340,000	£469,767	28% below HPI

2 RYE COTTAGES Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Mole Valley local authority area over time, sourced from the HPI. The two 2 RYE COTTAGES sales from October 2018 and February 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 October 2018 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the February 2020 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.

What might 2 RYE COTTAGES be worth now?

2 RYE COTTAGES might now be worth an estimated £783,189.

This is based on house price inflation of 18.7%, between February 2020 and December 2024, for semi-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 18.7% inflationary increase is applied to the most recent sale price for 2 RYE COTTAGES of £660,000 on 28th February 2020. For the value to have increased from £660,000 to £783,189 over the three years and two months to December 2024, the following assumptions must hold true:

• The value of 2 RYE COTTAGES has moved in line with the HPI for semi-detached houses in the Mole Valley local authority area.
• The February 2020 sale price of £660,000 represented a fair market value for the property.
• The size, condition, and specification of 2 RYE COTTAGES has not materially changed since February 2020.

How Large is 2 RYE COTTAGES?

2 RYE COTTAGES is 132m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 40% of semi-detached houses houses in Ashtead, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Ashtead, and where 2 RYE COTTAGES lies on this distribution: 35% of semi-detached houses houses are smaller than 2 RYE COTTAGES, and 65% of houses are larger. Note that EPC data is not available for all properties in Ashtead.

2 RYE COTTAGES: Plot and Title Map

2 RYE COTTAGES sits on a plot of roughly 0.158 of an acre, or 639m². The below map shows the location of 2 RYE COTTAGES, 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 RYE COTTAGES). 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 RYE COTTAGES?

2 RYE COTTAGES is located on ERMYN WAY in LEATHERHEAD, in the KT22 postcode district. The below map shows the position of 2 RYE COTTAGES on ERMYN WAY.