BANKSIDE, STEELS LANE, OXSHOTT, LEATHERHEAD, KT22 0QH - £500,000

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.

BANKSIDE is a very small extended semi-detached house of 130m², built sometime between 1930 and 1949, which could now be worth an estimated £1,072,800. It was last sold for £500,000 in May 2006, which was around 52% above the average May 2006 semi-detached price in the Elmbridge local authority area. The most recent EPC inspection was October 2014, where the current energy rating was E, and the potential energy rating was B.

BANKSIDE Sold Prices

Land registry data shows two sales for BANKSIDE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Elmbridge local authority area for the corresponding sale date. Both of the two BANKSIDE 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
2006 24 MAY	£500,000	£328,949	52% above HPI
1999 29 OCT	£250,000	£176,843	41% above HPI

BANKSIDE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Elmbridge local authority area over time, sourced from the HPI. The two BANKSIDE sales from October 1999 and May 2006 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 October 1999 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the May 2006 sale, where it rises to 52% above the HPI. The line then continues to track at 52% above the HPI.

What might BANKSIDE be worth now?

BANKSIDE might now be worth an estimated £1,072,800.

This is based on house price inflation of 114.6%, between May 2006 and February 2025, for semi-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 114.6% inflationary increase is applied to the most recent sale price for BANKSIDE of £500,000 on 24th May 2006. For the value to have increased from £500,000 to £1,072,800 over the nineteen years and three months to February 2025, the following assumptions must hold true:

• The value of BANKSIDE has moved in line with the HPI for semi-detached houses in the Elmbridge local authority area.
• The May 2006 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of BANKSIDE has not materially changed since May 2006.

How Large is BANKSIDE?

BANKSIDE is 130m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the smallest 10% of semi-detached houses houses in Oxshott, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Oxshott, and where BANKSIDE lies on this distribution: 7% of semi-detached houses houses are smaller than BANKSIDE, and 93% of houses are larger. Note that EPC data is not available for all properties in Oxshott.

BANKSIDE: Plot and Title Map

BANKSIDE sits on a plot of roughly 0.142 of an acre, or 575m². The below map shows the location of BANKSIDE, 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 BANKSIDE). 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 BANKSIDE?

BANKSIDE is located on STEELS LANE in OXSHOTT, in the KT22 postcode district. The below map shows the position of BANKSIDE on STEELS LANE.