8, FAIRMILE LANE, COBHAM, KT11 2DJ - £1,940,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 FAIRMILE LANE is a large detached house of 358m², built sometime between 1996 and 2002, which could now be worth an estimated £2,237,905. It was last sold for £1,940,000 in July 2018, which was around 48% above the average July 2018 detached price in the Elmbridge local authority area. The most recent EPC inspection was September 2010, where the current energy rating was C, and the potential energy rating was C.

8 FAIRMILE LANE Sold Prices

Land registry data shows three sales for 8 FAIRMILE LANE since 1^st 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 8 FAIRMILE LANE 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
2018 20 JUL	£1,940,000	£1,308,810	48% above HPI
2011 10 JUN	£1,725,000	£853,233	102% above HPI
2005 24 OCT	£1,495,000	£652,519	129% above HPI

8 FAIRMILE LANE 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 three 8 FAIRMILE LANE sales between October 2005 and July 2018 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 June 2011 sale was for 102% above the HPI. So the extrapolation line tracks at 102% above the HPI over time, until the July 2018 sale, where it falls to 48% above the HPI. The line then continues to track at 48% above the HPI.

What might 8 FAIRMILE LANE be worth now?

8 FAIRMILE LANE might now be worth an estimated £2,237,905.

This is based on house price inflation of 15.4%, between July 2018 and February 2025, for detached houses, in the Elmbridge local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.4% inflationary increase is applied to the most recent sale price for 8 FAIRMILE LANE of £1,940,000 on 20th July 2018. For the value to have increased from £1,940,000 to £2,237,905 over the seven years and five months to February 2025, the following assumptions must hold true:

• The value of 8 FAIRMILE LANE has moved in line with the HPI for detached houses in the Elmbridge local authority area.
• The July 2018 sale price of £1,940,000 represented a fair market value for the property.
• The size, condition, and specification of 8 FAIRMILE LANE has not materially changed since July 2018.

How Large is 8 FAIRMILE LANE?

8 FAIRMILE LANE is 358m² according to the EPC inspection conducted in September 2010. This puts it in the largest 30% of detached houses houses in Cobham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cobham, and where 8 FAIRMILE LANE lies on this distribution: 74% of detached houses houses are smaller than 8 FAIRMILE LANE, and 26% of houses are larger. Note that EPC data is not available for all properties in Cobham.

8 FAIRMILE LANE: Plot and Title Map

8 FAIRMILE LANE sits on a plot of roughly 0.341 of an acre, or 1,379m². The below map shows the location of 8 FAIRMILE 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 8 FAIRMILE 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.

Where is 8 FAIRMILE LANE?

8 FAIRMILE LANE is located in COBHAM, in the KT11 postcode district. The below map shows the position of No. 8 on FAIRMILE LANE.