2, SHIRES CLOSE, ASHTEAD, KT21 2LT - £935,750

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 SHIRES CLOSE is a large detached house of 174m², built sometime between 1976 and 1982, which could now be worth an estimated £1,039,560. It was last sold for £935,750 in June 2021, which was around 6% above the average June 2021 detached price in the Mole Valley local authority area. The most recent EPC inspection was January 2017, where the current energy rating was C, and the potential energy rating was B.

2 SHIRES CLOSE Sold Prices

Land registry data shows three sales for 2 SHIRES CLOSE 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. All of the three 2 SHIRES CLOSE sales were for above 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
2021 15 JUN	£935,750	£881,898	6% above HPI
2006 10 JUL	£567,000	£516,531	10% above HPI
1998 7 JAN	£285,000	£237,840	20% above HPI

2 SHIRES 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 three 2 SHIRES CLOSE sales between January 1998 and June 2021 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 July 2006 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the June 2021 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 2 SHIRES CLOSE be worth now?

2 SHIRES CLOSE might now be worth an estimated £1,039,560.

This is based on house price inflation of 11.1%, between June 2021 and February 2025, 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 11.1% inflationary increase is applied to the most recent sale price for 2 SHIRES CLOSE of £935,750 on 15th June 2021. For the value to have increased from £935,750 to £1,039,560 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 2 SHIRES CLOSE has moved in line with the HPI for detached houses in the Mole Valley local authority area.
• The June 2021 sale price of £935,750 represented a fair market value for the property.
• The size, condition, and specification of 2 SHIRES CLOSE has not materially changed since June 2021.

How Large is 2 SHIRES CLOSE?

2 SHIRES CLOSE is 174m² according to the EPC inspection conducted in January 2017. This puts it in the largest 40% 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 SHIRES CLOSE lies on this distribution: 62% of detached houses houses are smaller than 2 SHIRES CLOSE, and 38% of houses are larger. Note that EPC data is not available for all properties in Ashtead.

2 SHIRES CLOSE: Plot and Title Map

2 SHIRES CLOSE sits on a plot of roughly 0.151 of an acre, or 613m². The below map shows the location of 2 SHIRES 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 SHIRES 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 SHIRES CLOSE?

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