CHESTNUTS, ASHTEAD WOODS ROAD, ASHTEAD, KT21 2EJ - £746,000

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.

CHESTNUTS is a very small detached house of 81m², built sometime between 1996 and 2002, which could now be worth an estimated £869,605. It was last sold for £746,000 in February 2018, which was around 11% below the average February 2018 detached price in the Mole Valley local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was C.

CHESTNUTS Sold Prices

Land registry data shows three sales for CHESTNUTS 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 CHESTNUTS 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
2018 7 FEB	£746,000	£840,475	11% below HPI
2016 16 NOV	£740,000	£850,730	13% below HPI
1999 20 MAY	£231,000	£259,287	11% below HPI

CHESTNUTS 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 CHESTNUTS sales between May 1999 and February 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 November 2016 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the February 2018 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might CHESTNUTS be worth now?

CHESTNUTS might now be worth an estimated £869,605.

This is based on house price inflation of 16.6%, between February 2018 and February 2025, 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 16.6% inflationary increase is applied to the most recent sale price for CHESTNUTS of £746,000 on 7th February 2018. For the value to have increased from £746,000 to £869,605 over the seven years to February 2025, the following assumptions must hold true:

• The value of CHESTNUTS has moved in line with the HPI for detached houses in the Mole Valley local authority area.
• The February 2018 sale price of £746,000 represented a fair market value for the property.
• The size, condition, and specification of CHESTNUTS has not materially changed since February 2018.

How Large is CHESTNUTS?

CHESTNUTS is 81m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 10% 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 CHESTNUTS lies on this distribution: 3% of detached houses houses are smaller than CHESTNUTS, and 97% of houses are larger. Note that EPC data is not available for all properties in Ashtead.

CHESTNUTS: Plot and Title Map

CHESTNUTS sits on a plot of roughly 0.184 of an acre, or 746m². The below map shows the location of CHESTNUTS, 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 CHESTNUTS). 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 CHESTNUTS?

CHESTNUTS is located on ASHTEAD WOODS ROAD in ASHTEAD, in the KT21 postcode district. The below map shows the position of CHESTNUTS on ASHTEAD WOODS ROAD.