3, PARK RISE CLOSE, LEATHERHEAD, KT22 7JA - £855,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 PARK RISE CLOSE is a small extended detached house of 114m², built sometime between 1930 and 1949. It was last sold for £855,000 in October 2022, which was around 13% below the average October 2022 detached price in the Mole Valley local authority area. The most recent EPC inspection was July 2019, where the current energy rating was E, and the potential energy rating was C.

3 PARK RISE CLOSE Sold Prices

Land registry data shows two sales for 3 PARK RISE 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 Mole Valley local authority area for the corresponding sale date. Both of the two 3 PARK RISE CLOSE 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 31 OCT	£855,000	£978,581	13% below HPI
2019 13 DEC	£630,000	£792,244	20% below HPI

3 PARK RISE CLOSE 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 3 PARK RISE CLOSE sales from December 2019 and October 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 December 2019 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the October 2022 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 3 PARK RISE CLOSE?

3 PARK RISE CLOSE is 114m², which includes two extensions, according to the EPC inspection conducted in July 2019. This puts it in the smallest 30% of detached houses in Leatherhead, based on EPC data. The below chart shows the distribution of detached houses by size in Leatherhead, and where 3 PARK RISE CLOSE lies on this distribution: 26% of detached houses are smaller than 3 PARK RISE CLOSE, and 73% of houses are larger. Note that EPC data is not available for all properties in Leatherhead.

3 PARK RISE CLOSE: Plot and Title Map

3 PARK RISE CLOSE sits on a plot of roughly 0.113 of an acre, or 457m². The below map shows the location of 3 PARK RISE 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 PARK RISE 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 PARK RISE CLOSE?

3 PARK RISE CLOSE is located in LEATHERHEAD, in the KT22 postcode district. The below map shows the position of No. 3 on PARK RISE CLOSE.