3, TATE CLOSE, LEATHERHEAD, KT22 8PQ - £595,000

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.

3 TATE CLOSE is a very small extended detached house of 94m², built sometime between 1950 and 1966, which could now be worth an estimated £669,284. It was last sold for £595,000 in May 2021, which was around 32% below the average May 2021 detached price in the Mole Valley local authority area. The most recent EPC inspection was September 2020, where the current energy rating was E, and the potential energy rating was B.

3 TATE CLOSE Sold Prices

Land registry data shows two sales for 3 TATE 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 TATE 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
2021 14 MAY	£595,000	£870,993	32% below HPI
1996 22 APR	£137,500	£187,589	27% below HPI

3 TATE 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 TATE CLOSE sales from April 1996 and May 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 1996 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the May 2021 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 3 TATE CLOSE be worth now?

3 TATE CLOSE might now be worth an estimated £669,284.

This is based on house price inflation of 12.5%, between May 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 12.5% inflationary increase is applied to the most recent sale price for 3 TATE CLOSE of £595,000 on 14th May 2021. For the value to have increased from £595,000 to £669,284 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of 3 TATE CLOSE has moved in line with the HPI for detached houses in the Mole Valley local authority area.
• The May 2021 sale price of £595,000 represented a fair market value for the property.
• The size, condition, and specification of 3 TATE CLOSE has not materially changed since May 2021.

How Large is 3 TATE CLOSE?

3 TATE CLOSE is 94m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the smallest 20% of detached houses houses in Leatherhead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Leatherhead, and where 3 TATE CLOSE lies on this distribution: 12% of detached houses houses are smaller than 3 TATE CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Leatherhead.

3 TATE CLOSE: Plot and Title Map

3 TATE CLOSE sits on a plot of roughly 0.165 of an acre, or 669m². The below map shows the location of 3 TATE 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 TATE 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 TATE CLOSE?

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