8, THE CEDARS, LEATHERHEAD, KT22 8TH - £590,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 THE CEDARS is a small detached house of 115m², built sometime between 1983 and 1990, which could now be worth an estimated £717,940. It was last sold for £590,000 in November 2015, which was around 25% below the average November 2015 detached price in the Mole Valley local authority area. The most recent EPC inspection was August 2014, where the current energy rating was E, and the potential energy rating was C.

8 THE CEDARS Sold Prices

Land registry data shows three sales for 8 THE CEDARS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Mole Valley local authority area for the corresponding sale date. All of the three 8 THE CEDARS 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
2015 25 NOV	£590,000	£789,463	25% below HPI
2004 19 MAR	£320,000	£456,440	30% below HPI
1998 12 FEB	£197,500	£239,377	17% below HPI

8 THE CEDARS 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 three 8 THE CEDARS sales between February 1998 and November 2015 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 March 2004 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the November 2015 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 8 THE CEDARS be worth now?

8 THE CEDARS might now be worth an estimated £717,940.

This is based on house price inflation of 21.7%, between November 2015 and December 2024, for detached houses, in the Mole Valley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21.7% inflationary increase is applied to the most recent sale price for 8 THE CEDARS of £590,000 on 25th November 2015. For the value to have increased from £590,000 to £717,940 over the eight years and eleven months to December 2024, the following assumptions must hold true:

• The value of 8 THE CEDARS has moved in line with the HPI for detached houses in the Mole Valley local authority area.
• The November 2015 sale price of £590,000 represented a fair market value for the property.
• The size, condition, and specification of 8 THE CEDARS has not materially changed since November 2015.

How Large is 8 THE CEDARS?

8 THE CEDARS is 115m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 30% of detached houses houses in Ashtead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ashtead, and where 8 THE CEDARS lies on this distribution: 22% of detached houses houses are smaller than 8 THE CEDARS, and 77% of houses are larger. Note that EPC data is not available for all properties in Ashtead.

8 THE CEDARS: Plot and Title Map

8 THE CEDARS sits on a plot of roughly 0.103 of an acre, or 417m². The below map shows the location of 8 THE CEDARS, 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 THE CEDARS). 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 THE CEDARS?

8 THE CEDARS is located in LEATHERHEAD, in the KT22 postcode district. The below map shows the position of No. 8 on THE CEDARS.