7, LANG CLOSE, FETCHAM, LEATHERHEAD, KT22 9NL - £625,000

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

7 LANG CLOSE is a very small detached house of 86m², built sometime between 1967 and 1975. It was last sold for £625,000 in July 2020, which was around 22% below the average July 2020 detached price in the Mole Valley local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was C.

7 LANG CLOSE Sold Prices

Land registry data shows two sales for 7 LANG 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 7 LANG 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
2020 30 JUL	£625,000	£798,512	22% below HPI
2000 31 MAY	£270,000	£310,362	13% below HPI

7 LANG 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 7 LANG CLOSE sales from May 2000 and July 2020 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 May 2000 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the July 2020 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 7 LANG CLOSE?

7 LANG CLOSE is 86m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 10% of detached houses in Fetcham, based on EPC data. The below chart shows the distribution of detached houses by size in Fetcham, and where 7 LANG CLOSE lies on this distribution: 7% of detached houses are smaller than 7 LANG CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Fetcham.

7 LANG CLOSE: Plot and Title Map

7 LANG CLOSE sits on a plot of roughly 0.186 of an acre, or 751m². The below map shows the location of 7 LANG 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 7 LANG 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 7 LANG CLOSE?

7 LANG CLOSE is located in FETCHAM, in the KT22 postcode district. The below map shows the position of No. 7 on LANG CLOSE.