8, THE DRIVE, COBHAM, KT11 2JQ - £4,225,000

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 THE DRIVE is a very large detached house of 955m². It was last sold for £4,225,000 in June 2017, which was around 255% above the average June 2017 detached price in the Elmbridge local authority area. The most recent EPC inspection was July 2011, where the current energy rating was B, and the potential energy rating was B.

8 THE DRIVE Sold Prices

Land registry data shows two sales for 8 THE DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Elmbridge local authority area for the corresponding sale date. Both of the two 8 THE DRIVE 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
2017 16 JUN	£4,225,000	£1,190,350	255% above HPI
2003 30 JUN	£1,100,000	£583,078	89% above HPI

8 THE DRIVE 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 two 8 THE DRIVE sales from June 2003 and June 2017 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 2003 sale was for 89% above the HPI. So the extrapolation line tracks at 89% above the HPI over time, until the June 2017 sale, where it rises to 255% above the HPI. The line then continues to track at 255% above the HPI.

How Large is 8 THE DRIVE?

8 THE DRIVE is 955m² according to the EPC inspection conducted in July 2011. This puts it in the largest 10% of detached houses in Cobham, based on EPC data. The below chart shows the distribution of detached houses by size in Cobham, and where 8 THE DRIVE lies on this distribution: More than 99% of detached houses are smaller than 8 THE DRIVE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Cobham.

8 THE DRIVE: Plot and Title Map

8 THE DRIVE sits on a plot of roughly 1.0 acres, or 4,066m². The below map shows the location of 8 THE DRIVE, 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 DRIVE). 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 DRIVE?

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