2, WELDON DRIVE, WEST MOLESEY, KT8 2NT - £855,000

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 WELDON DRIVE is a midsized detached house of 114m², built sometime between 1996 and 2002. It was last sold for £855,000 in May 2022, which was around 40% below the average May 2022 detached price in the Elmbridge local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was C.

2 WELDON DRIVE Sold Prices

Land registry data shows two sales for 2 WELDON DRIVE 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 WELDON DRIVE 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
2022 26 MAY	£855,000	£1,424,182	40% below HPI
1998 14 AUG	£234,000	£337,473	31% below HPI

2 WELDON DRIVE 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 WELDON DRIVE sales from August 1998 and May 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 August 1998 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the May 2022 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 2 WELDON DRIVE?

2 WELDON DRIVE is 114m² according to the EPC inspection conducted in January 2022. This puts it in the largest 50% of detached houses in West Molesey, based on EPC data. The below chart shows the distribution of detached houses by size in West Molesey, and where 2 WELDON DRIVE lies on this distribution: 51% of detached houses are smaller than 2 WELDON DRIVE, and 49% of houses are larger. Note that EPC data is not available for all properties in West Molesey.

2 WELDON DRIVE: Plot and Title Map

2 WELDON DRIVE sits on a plot of roughly 0.094 of an acre, or 381m². The below map shows the location of 2 WELDON DRIVE, 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 WELDON DRIVE). 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 WELDON DRIVE?

2 WELDON DRIVE is located in WEST MOLESEY, in the KT8 postcode district. The below map shows the position of No. 2 on WELDON DRIVE.