40, THE DRIVE, ESHER, KT10 8DJ - £1,400,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

40 THE DRIVE is a large extended detached house of 290m², built sometime between 1976 and 1982. It was last sold for £1,400,000 in January 2024, which was around 1% below the average January 2024 detached price in the Elmbridge local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was C.

40 THE DRIVE Sold Prices

Land registry data shows three sales for 40 THE 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 Elmbridge local authority area for the corresponding sale date. One of the three 40 THE DRIVE sales was for below the average price, whilst two 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
2024 19 JAN	£1,400,000	£1,416,333	1% below HPI
2005 8 DEC	£720,000	£616,146	17% above HPI
1997 28 FEB	£320,000	£245,288	30% above HPI

40 THE DRIVE 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 three 40 THE DRIVE sales between February 1997 and January 2024 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 2005 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the January 2024 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 40 THE DRIVE?

40 THE DRIVE is 290m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the largest 30% of detached houses in Esher, based on EPC data. The below chart shows the distribution of detached houses by size in Esher, and where 40 THE DRIVE lies on this distribution: 70% of detached houses are smaller than 40 THE DRIVE, and 29% of houses are larger. Note that EPC data is not available for all properties in Esher.

40 THE DRIVE: Plot and Title Map

40 THE DRIVE sits on a plot of roughly 0.243 of an acre, or 984m². The below map shows the location of 40 THE 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 40 THE 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 40 THE DRIVE?

40 THE DRIVE is located in ESHER, in the KT10 postcode district. The below map shows the position of No. 40 on THE DRIVE.