8, DRAKES CLOSE, ESHER, KT10 8PQ - £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

8 DRAKES CLOSE is a small extended detached house of 198m², built sometime between 1983 and 1990. It was last sold for £1,400,000 in October 2020, which was around 9% above the average October 2020 detached price in the Elmbridge local authority area. The most recent EPC inspection was May 2020, where the current energy rating was C, and the potential energy rating was C.

8 DRAKES CLOSE Sold Prices

Land registry data shows four sales for 8 DRAKES CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Elmbridge local authority area for the corresponding sale date. All of the four 8 DRAKES CLOSE 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
2020 29 OCT	£1,400,000	£1,285,419	9% above HPI
2016 3 OCT	£1,265,000	£1,183,656	7% above HPI
2007 28 JUN	£1,150,000	£779,227	48% above HPI
2006 21 SEP	£735,000	£704,978	4% above HPI

8 DRAKES CLOSE 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 four 8 DRAKES CLOSE sales between September 2006 and October 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 October 2016 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the October 2020 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 8 DRAKES CLOSE?

8 DRAKES CLOSE is 198m², which includes three extensions, according to the EPC inspection conducted in May 2020. This puts it in the smallest 40% of detached houses in Esher, based on EPC data. The below chart shows the distribution of detached houses by size in Esher, and where 8 DRAKES CLOSE lies on this distribution: 38% of detached houses are smaller than 8 DRAKES CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Esher.

8 DRAKES CLOSE: Plot and Title Map

8 DRAKES CLOSE sits on a plot of roughly 0.218 of an acre, or 883m². The below map shows the location of 8 DRAKES 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 8 DRAKES 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 8 DRAKES CLOSE?

8 DRAKES CLOSE is located in ESHER, in the KT10 postcode district. The below map shows the position of No. 8 on DRAKES CLOSE.