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 OAK ROAD is a large extended detached house of 362m², built sometime between 1930 and 1949. It was last sold for £1,810,000 in July 2019, which was around 52% above the average July 2019 detached price in the Elmbridge local authority area. The most recent EPC inspection was December 2015, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows three sales for 7 OAK ROAD since 1st 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. All of the three 7 OAK ROAD sales 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 |
---|---|---|---|
2019 26 JUL | £1,810,000 | £1,192,304 | 52% above HPI |
2014 28 AUG | £1,825,000 | £1,061,560 | 72% above HPI |
1996 12 JUL | £355,000 | £238,572 | 49% above HPI |
The below graph shows the average detached house price in the Elmbridge local authority area over time, sourced from the HPI. The three 7 OAK ROAD sales between July 1996 and July 2019 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 August 2014 sale was for 72% above the HPI. So the extrapolation line tracks at 72% above the HPI over time, until the July 2019 sale, where it falls to 52% above the HPI. The line then continues to track at 52% above the HPI.
7 OAK ROAD is 362m², which includes three extensions, according to the EPC inspection conducted in December 2015. This puts it in the largest 30% of detached houses in Cobham, based on EPC data. The below chart shows the distribution of detached houses by size in Cobham, and where 7 OAK ROAD lies on this distribution: 75% of detached houses are smaller than 7 OAK ROAD, and 25% of houses are larger. Note that EPC data is not available for all properties in Cobham.
7 OAK ROAD sits on a plot of roughly 0.312 of an acre, or 1,263m². The below map shows the location of 7 OAK ROAD, 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 OAK ROAD). 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 OAK ROAD is located in COBHAM, in the KT11 postcode district. The below map shows the position of No. 7 on OAK ROAD.