28, OTTWAYS LANE, ASHTEAD, KT21 2NZ - £1,375,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

28 OTTWAYS LANE is a very large extended detached house of 285m², built sometime between 1900 and 1929, which could now be worth an estimated £1,504,980. It was last sold for £1,375,000 in July 2021, which was around 54% above the average July 2021 detached price in the Mole Valley local authority area. The most recent EPC inspection was April 2021, where the current energy rating was C, and the potential energy rating was C.

28 OTTWAYS LANE Sold Prices

Land registry data shows two sales for 28 OTTWAYS LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mole Valley local authority area for the corresponding sale date. Both of the two 28 OTTWAYS 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 28 JUL	£1,375,000	£895,118	54% above HPI
2019 1 FEB	£1,050,000	£853,433	23% above HPI

28 OTTWAYS LANE 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 two 28 OTTWAYS LANE sales from February 2019 and July 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 February 2019 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the July 2021 sale, where it rises to 54% above the HPI. The line then continues to track at 54% above the HPI.

What might 28 OTTWAYS LANE be worth now?

28 OTTWAYS LANE might now be worth an estimated £1,504,980.

This is based on house price inflation of 9.5%, between July 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 9.5% inflationary increase is applied to the most recent sale price for 28 OTTWAYS LANE of £1,375,000 on 28th July 2021. For the value to have increased from £1,375,000 to £1,504,980 over the four years and five months to February 2025, the following assumptions must hold true:

• The value of 28 OTTWAYS LANE has moved in line with the HPI for detached houses in the Mole Valley local authority area.
• The July 2021 sale price of £1,375,000 represented a fair market value for the property.
• The size, condition, and specification of 28 OTTWAYS LANE has not materially changed since July 2021.

How Large is 28 OTTWAYS LANE?

28 OTTWAYS LANE is 285m², which includes three extensions, according to the EPC inspection conducted in April 2021. This puts it in the largest 10% 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 28 OTTWAYS LANE lies on this distribution: 92% of detached houses houses are smaller than 28 OTTWAYS LANE, and 8% of houses are larger. Note that EPC data is not available for all properties in Ashtead.

28 OTTWAYS LANE: Plot and Title Map

28 OTTWAYS LANE sits on a plot of roughly 0.363 of an acre, or 1,468m². The below map shows the location of 28 OTTWAYS 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 28 OTTWAYS 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.

Where is 28 OTTWAYS LANE?

28 OTTWAYS LANE is located in ASHTEAD, in the KT21 postcode district. The below map shows the position of No. 28 on OTTWAYS LANE.