3, HEATHERBANK CLOSE, COBHAM, KT11 2LT - £1,470,000

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

3 HEATHERBANK CLOSE is a large detached house of 358m², built sometime between 1983 and 1990, which could now be worth an estimated £2,779,607. It was last sold for £1,470,000 in April 2007, which was around 84% above the average April 2007 detached price in the Elmbridge local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was C.

3 HEATHERBANK CLOSE Sold Prices

Land registry data shows two sales for 3 HEATHERBANK CLOSE 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 3 HEATHERBANK 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
2007 13 APR	£1,470,000	£798,455	84% above HPI
2001 27 APR	£975,000	£503,368	94% above HPI

3 HEATHERBANK CLOSE 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 3 HEATHERBANK CLOSE sales from April 2001 and April 2007 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 2001 sale was for 94% above the HPI. So the extrapolation line tracks at 94% above the HPI over time, until the April 2007 sale, where it falls to 84% above the HPI. The line then continues to track at 84% above the HPI.

What might 3 HEATHERBANK CLOSE be worth now?

3 HEATHERBANK CLOSE might now be worth an estimated £2,779,607.

This is based on house price inflation of 89.1%, between April 2007 and February 2025, for 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 89.1% inflationary increase is applied to the most recent sale price for 3 HEATHERBANK CLOSE of £1,470,000 on 13th April 2007. For the value to have increased from £1,470,000 to £2,779,607 over the eighteen years and two months to February 2025, the following assumptions must hold true:

• The value of 3 HEATHERBANK CLOSE has moved in line with the HPI for detached houses in the Elmbridge local authority area.
• The April 2007 sale price of £1,470,000 represented a fair market value for the property.
• The size, condition, and specification of 3 HEATHERBANK CLOSE has not materially changed since April 2007.

How Large is 3 HEATHERBANK CLOSE?

3 HEATHERBANK CLOSE is 358m² according to the EPC inspection conducted in September 2022. This puts it in the largest 30% of detached houses houses in Cobham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cobham, and where 3 HEATHERBANK CLOSE lies on this distribution: 74% of detached houses houses are smaller than 3 HEATHERBANK CLOSE, and 26% of houses are larger. Note that EPC data is not available for all properties in Cobham.

3 HEATHERBANK CLOSE: Plot and Title Map

3 HEATHERBANK CLOSE sits on a plot of roughly 0.142 of an acre, or 576m². The below map shows the location of 3 HEATHERBANK 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 3 HEATHERBANK 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 3 HEATHERBANK CLOSE?

3 HEATHERBANK CLOSE is located in COBHAM, in the KT11 postcode district. The below map shows the position of No. 3 on HEATHERBANK CLOSE.