8, OTTWAYS LANE, ASHTEAD, KT21 2NZ - £1,040,000

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 OTTWAYS LANE is a very large detached house of 249m², built sometime between 1930 and 1949. It was last sold for £1,040,000 in December 2018, which was around 26% above the average December 2018 detached price in the Mole Valley local authority area. The most recent EPC inspection was November 2016, where the current energy rating was E, and the potential energy rating was D.

8 OTTWAYS LANE Sold Prices

Land registry data shows two sales for 8 OTTWAYS LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mole Valley local authority area for the corresponding sale date. Both of the two 8 OTTWAYS 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 13 DEC	£1,040,000	£822,480	26% above HPI
1997 11 JUL	£311,000	£211,249	47% above HPI

8 OTTWAYS LANE 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 two 8 OTTWAYS LANE sales from July 1997 and December 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 July 1997 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the December 2018 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is 8 OTTWAYS LANE?

8 OTTWAYS LANE is 249m² according to the EPC inspection conducted in November 2016. This puts it in the largest 20% of detached houses in Ashtead, based on EPC data. The below chart shows the distribution of detached houses by size in Ashtead, and where 8 OTTWAYS LANE lies on this distribution: 88% of detached houses are smaller than 8 OTTWAYS LANE, and 12% of houses are larger. Note that EPC data is not available for all properties in Ashtead.

8 OTTWAYS LANE: Plot and Title Map

8 OTTWAYS LANE sits on a plot of roughly 0.236 of an acre, or 954m². The below map shows the location of 8 OTTWAYS 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 OTTWAYS 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 OTTWAYS LANE?

8 OTTWAYS LANE is located in ASHTEAD, in the KT21 postcode district. The below map shows the position of No. 8 on OTTWAYS LANE.