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
7 GREEN LANE is a small extended detached house of 112m², built sometime before 1900. It was last sold for £725,000 in May 2022, which was around 49% below the average May 2022 detached price in the Elmbridge local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 7 GREEN LANE since 1st 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 7 GREEN LANE 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 20 MAY | £725,000 | £1,424,182 | 49% below HPI |
2017 28 SEP | £414,500 | £1,223,376 | 66% below HPI |
The below graph shows the average detached house price in the Elmbridge local authority area over time, sourced from the HPI. The two 7 GREEN LANE sales from September 2017 and May 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 September 2017 sale was for 66% below the HPI. So the extrapolation line tracks at 66% below the HPI over time, until the May 2022 sale, where it rises to 49% below the HPI. The line then continues to track at 49% below the HPI.
7 GREEN LANE is 112m², which includes one extension, according to the EPC inspection conducted in June 2021. This puts it in the smallest 40% of detached houses in Hersham, based on EPC data. The below chart shows the distribution of detached houses by size in Hersham, and where 7 GREEN LANE lies on this distribution: 34% of detached houses are smaller than 7 GREEN LANE, and 66% of houses are larger. Note that EPC data is not available for all properties in Hersham.
7 GREEN LANE sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 7 GREEN LANE, 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 7 GREEN LANE). 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.
7 GREEN LANE is located in HERSHAM, in the KT12 postcode district. The below map shows the position of No. 7 on GREEN LANE.