4, LAUREL DRIVE, OXTED, RH8 9DT - £1,260,000

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.

4 LAUREL DRIVE is a large extended detached house of 188m², built sometime between 1967 and 1975, which could now be worth an estimated £1,352,341. It was last sold for £1,260,000 in May 2021, which was around 54% above the average May 2021 detached price in the Tandridge local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was C.

4 LAUREL DRIVE Sold Prices

Land registry data shows three sales for 4 LAUREL DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Tandridge local authority area for the corresponding sale date. Two of the three 4 LAUREL DRIVE sales were for above the average price, whilst one was 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 28 MAY	£1,260,000	£816,572	54% above HPI
2007 13 JUN	£660,000	£507,329	30% above HPI
2001 17 SEP	£330,500	£348,861	5% below HPI

4 LAUREL DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tandridge local authority area over time, sourced from the HPI. The three 4 LAUREL DRIVE sales between September 2001 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 June 2007 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the May 2021 sale, where it rises to 54% above the HPI. The line then continues to track at 54% above the HPI.

What might 4 LAUREL DRIVE be worth now?

4 LAUREL DRIVE might now be worth an estimated £1,352,341.

This is based on house price inflation of 7.3%, between May 2021 and February 2025, for detached houses, in the Tandridge local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7.3% inflationary increase is applied to the most recent sale price for 4 LAUREL DRIVE of £1,260,000 on 28th May 2021. For the value to have increased from £1,260,000 to £1,352,341 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of 4 LAUREL DRIVE has moved in line with the HPI for detached houses in the Tandridge local authority area.
• The May 2021 sale price of £1,260,000 represented a fair market value for the property.
• The size, condition, and specification of 4 LAUREL DRIVE has not materially changed since May 2021.

How Large is 4 LAUREL DRIVE?

4 LAUREL DRIVE is 188m², which includes two extensions, according to the EPC inspection conducted in May 2017. This puts it in the largest 40% of detached houses houses in Oxted, based on EPC data. The below chart shows the distribution of detached houses houses by size in Oxted, and where 4 LAUREL DRIVE lies on this distribution: 66% of detached houses houses are smaller than 4 LAUREL DRIVE, and 34% of houses are larger. Note that EPC data is not available for all properties in Oxted.

4 LAUREL DRIVE: Plot and Title Map

4 LAUREL DRIVE sits on a plot of roughly 0.250 of an acre, or 1,013m². The below map shows the location of 4 LAUREL DRIVE, 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 4 LAUREL DRIVE). 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 4 LAUREL DRIVE?

4 LAUREL DRIVE is located in OXTED, in the RH8 postcode district. The below map shows the position of No. 4 on LAUREL DRIVE.