BUTTERMERE, STEELS LANE, OXSHOTT, LEATHERHEAD, KT22 0QH - £950,000

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

BUTTERMERE is a small extended detached house of 190m², built sometime between 1967 and 1975. It was last sold for £950,000 in July 2011, which was around 16% above the average July 2011 detached price in the Elmbridge local authority area. The most recent EPC inspection was May 2009, where the current energy rating was D, and the potential energy rating was D.

BUTTERMERE Sold Prices

Land registry data shows two sales for BUTTERMERE 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 BUTTERMERE 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
2011 15 JUL	£950,000	£818,664	16% above HPI
2007 9 NOV	£895,000	£850,111	5% above HPI

BUTTERMERE 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 BUTTERMERE sales from November 2007 and July 2011 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 November 2007 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the July 2011 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is BUTTERMERE?

BUTTERMERE is 190m², which includes one extension, according to the EPC inspection conducted in May 2009. This puts it in the smallest 30% of detached houses in Oxshott, based on EPC data. The below chart shows the distribution of detached houses by size in Oxshott, and where BUTTERMERE lies on this distribution: 22% of detached houses are smaller than BUTTERMERE, and 78% of houses are larger. Note that EPC data is not available for all properties in Oxshott.

BUTTERMERE: Plot and Title Map

BUTTERMERE sits on a plot of roughly 0.192 of an acre, or 775m². The below map shows the location of BUTTERMERE, 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 BUTTERMERE). 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 BUTTERMERE?

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