8, GRAFTON WAY, WEST MOLESEY, KT8 2NW - £572,000

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 GRAFTON WAY is a very small detached house of 85m², built sometime between 1991 and 1995. It was last sold for £572,000 in June 2021, which was around 56% below the average June 2021 detached price in the Elmbridge local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

8 GRAFTON WAY Sold Prices

Land registry data shows four sales for 8 GRAFTON 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 Elmbridge local authority area for the corresponding sale date. All of the four 8 GRAFTON WAY 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
2021 15 JUN	£572,000	£1,285,685	56% below HPI
2014 17 DEC	£459,000	£1,093,445	58% below HPI
2002 6 DEC	£273,000	£591,588	54% below HPI
1997 7 APR	£150,000	£262,204	43% below HPI

8 GRAFTON WAY 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 GRAFTON WAY sales between April 1997 and June 2021 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 December 2014 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the June 2021 sale, where it rises to 56% below the HPI. The line then continues to track at 56% below the HPI.

How Large is 8 GRAFTON WAY?

8 GRAFTON WAY is 85m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 20% of detached houses in West Molesey, based on EPC data. The below chart shows the distribution of detached houses by size in West Molesey, and where 8 GRAFTON WAY lies on this distribution: 19% of detached houses are smaller than 8 GRAFTON WAY, and 79% of houses are larger. Note that EPC data is not available for all properties in West Molesey.

8 GRAFTON WAY: Plot and Title Map

8 GRAFTON WAY sits on a plot of roughly 0.572 of an acre, or 2,313m². The below map shows the location of 8 GRAFTON 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 8 GRAFTON 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 8 GRAFTON WAY?

8 GRAFTON WAY is located in WEST MOLESEY, in the KT8 postcode district. The below map shows the position of No. 8 on GRAFTON WAY.