7, RICHMOND WAY, FETCHAM, LEATHERHEAD, KT22 9NP - £923,000

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 RICHMOND WAY is a midsized detached house of 151m², built sometime from 2007 onwards. It was last sold for £923,000 in April 2022, which was around 2% above the average April 2022 detached price in the Mole Valley local authority area. The most recent EPC inspection was June 2013, where the current energy rating was C, and the potential energy rating was B.

7 RICHMOND WAY Sold Prices

Land registry data shows four sales for 7 RICHMOND WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Mole Valley local authority area for the corresponding sale date. two of the four 7 RICHMOND WAY sales were for above the average price, and four 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 28 APR	£923,000	£907,755	2% above HPI
2013 20 NOV	£680,000	£634,780	7% above HPI
2012 25 SEP	£400,000	£614,760	35% below HPI
1998 19 MAY	£149,950	£225,685	34% below HPI

7 RICHMOND WAY 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 four 7 RICHMOND WAY sales between May 1998 and April 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 November 2013 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the April 2022 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 7 RICHMOND WAY?

7 RICHMOND WAY is 151m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 50% 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 RICHMOND WAY lies on this distribution: 49% of detached houses are smaller than 7 RICHMOND WAY, and 50% of houses are larger. Note that EPC data is not available for all properties in Fetcham.

7 RICHMOND WAY: Plot and Title Map

7 RICHMOND WAY sits on a plot of roughly 0.185 of an acre, or 750m². The below map shows the location of 7 RICHMOND WAY, 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 RICHMOND WAY). 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 RICHMOND WAY?

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