24, CANNON WAY, WEST MOLESEY, KT8 2NB - £497,500

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

24 CANNON WAY is a small semi-detached house of 95m², built sometime between 1967 and 1975, which could now be worth an estimated £605,051. It was last sold for £497,500 in April 2016, which was around 14% below the average April 2016 semi-detached price in the Elmbridge local authority area. The most recent EPC inspection was November 2014, where the current energy rating was C, and the potential energy rating was B.

24 CANNON WAY Sold Prices

Land registry data shows three sales for 24 CANNON WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Elmbridge local authority area for the corresponding sale date. One of the three 24 CANNON WAY sales was for below the average price, whilst two 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
2016 8 APR	£497,500	£580,335	14% below HPI
2001 8 OCT	£238,600	£228,990	4% above HPI
1995 19 MAY	£113,000	£105,368	7% above HPI

24 CANNON WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Elmbridge local authority area over time, sourced from the HPI. The three 24 CANNON WAY sales between May 1995 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 2001 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the April 2016 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 24 CANNON WAY be worth now?

24 CANNON WAY might now be worth an estimated £605,051.

This is based on house price inflation of 21.6%, between April 2016 and February 2025, for semi-detached houses, in the Elmbridge local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21.6% inflationary increase is applied to the most recent sale price for 24 CANNON WAY of £497,500 on 8th April 2016. For the value to have increased from £497,500 to £605,051 over the nine years and two months to February 2025, the following assumptions must hold true:

• The value of 24 CANNON WAY has moved in line with the HPI for semi-detached houses in the Elmbridge local authority area.
• The April 2016 sale price of £497,500 represented a fair market value for the property.
• The size, condition, and specification of 24 CANNON WAY has not materially changed since April 2016.

How Large is 24 CANNON WAY?

24 CANNON WAY is 95m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 30% of semi-detached houses houses in West Molesey, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in West Molesey, and where 24 CANNON WAY lies on this distribution: 29% of semi-detached houses houses are smaller than 24 CANNON WAY, and 70% of houses are larger. Note that EPC data is not available for all properties in West Molesey.

24 CANNON WAY: Plot and Title Map

24 CANNON WAY sits on a plot of roughly 0.086 of an acre, or 347m². The below map shows the location of 24 CANNON WAY, 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 24 CANNON WAY). 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 24 CANNON WAY?

24 CANNON WAY is located in WEST MOLESEY, in the KT8 postcode district. The below map shows the position of No. 24 on CANNON WAY.