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
22 FAIRMILE LANE is a large extended detached house of 389m², built sometime between 1996 and 2002. It was last sold for £2,285,000 in June 2021, which was around 78% above the average June 2021 detached price in the Elmbridge local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows four sales for 22 FAIRMILE LANE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Elmbridge local authority area for the corresponding sale date. All of the four 22 FAIRMILE LANE 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 2 JUN | £2,285,000 | £1,285,685 | 78% above HPI |
2008 30 APR | £2,475,000 | £802,078 | 209% above HPI |
2007 14 JUN | £1,765,000 | £779,227 | 127% above HPI |
2006 7 APR | £650,000 | £646,271 | 1% above HPI |
The below graph shows the average detached house price in the Elmbridge local authority area over time, sourced from the HPI. The four 22 FAIRMILE LANE sales between April 2006 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 April 2008 sale was for 209% above the HPI. So the extrapolation line tracks at 209% above the HPI over time, until the June 2021 sale, where it falls to 78% above the HPI. The line then continues to track at 78% above the HPI.
22 FAIRMILE LANE is 389m², which includes two extensions, according to the EPC inspection conducted in August 2020. This puts it in the largest 30% of detached houses in Cobham, based on EPC data. The below chart shows the distribution of detached houses by size in Cobham, and where 22 FAIRMILE LANE lies on this distribution: 78% of detached houses are smaller than 22 FAIRMILE LANE, and 22% of houses are larger. Note that EPC data is not available for all properties in Cobham.
22 FAIRMILE LANE sits on a plot of roughly 0.288 of an acre, or 1,166m². The below map shows the location of 22 FAIRMILE LANE, 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 22 FAIRMILE LANE). 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.
22 FAIRMILE LANE is located in COBHAM, in the KT11 postcode district. The below map shows the position of No. 22 on FAIRMILE LANE.