CORNERSTONE, THE RIDGEWAY, OXSHOTT, LEATHERHEAD, KT22 0LG - £1,250,000

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

CORNERSTONE is a small extended detached house of 248m², built sometime between 1950 and 1966. It was last sold for £1,250,000 in September 2017, which was around 2% above the average September 2017 detached price in the Elmbridge local authority area. The most recent EPC inspection was November 2020, where the current energy rating was C, and the potential energy rating was B.

CORNERSTONE Sold Prices

Land registry data shows two sales for CORNERSTONE 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. One of the two CORNERSTONE sales was for above the average price, whilst the other was 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
2017 12 SEP	£1,250,000	£1,223,376	2% above HPI
2013 14 JUN	£925,000	£946,326	2% below HPI

CORNERSTONE 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 CORNERSTONE sales from June 2013 and September 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 2013 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the September 2017 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is CORNERSTONE?

CORNERSTONE is 248m², which includes one extension, according to the EPC inspection conducted in November 2020. This puts it in the smallest 40% of detached houses in Oxshott, based on EPC data. The below chart shows the distribution of detached houses by size in Oxshott, and where CORNERSTONE lies on this distribution: 39% of detached houses are smaller than CORNERSTONE, and 61% of houses are larger. Note that EPC data is not available for all properties in Oxshott.

CORNERSTONE: Plot and Title Map

CORNERSTONE sits on a plot of roughly 0.165 of an acre, or 668m². The below map shows the location of CORNERSTONE, 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 CORNERSTONE). 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 CORNERSTONE?

CORNERSTONE is located on THE RIDGEWAY in OXSHOTT, in the KT22 postcode district. The below map shows the position of CORNERSTONE on THE RIDGEWAY.