ELMWOOD, ELMWOOD CLOSE, ASHTEAD, KT21 2RN - £825,000

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

ELMWOOD is a very small detached house of 103m², built sometime between 1996 and 2002. It was last sold for £825,000 in June 2022, which was around 10% below the average June 2022 detached price in the Mole Valley local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was C.

ELMWOOD Sold Prices

Land registry data shows two sales for ELMWOOD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mole Valley local authority area for the corresponding sale date. Both of the two ELMWOOD 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
2022 28 JUN	£825,000	£916,404	10% below HPI
2000 3 NOV	£330,000	£333,931	1% below HPI

ELMWOOD 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 two ELMWOOD sales from November 2000 and June 2022 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 2000 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the June 2022 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is ELMWOOD?

ELMWOOD is 103m² according to the EPC inspection conducted in February 2022. This puts it in the smallest 20% of detached houses in Ashtead, based on EPC data. The below chart shows the distribution of detached houses by size in Ashtead, and where ELMWOOD lies on this distribution: 15% of detached houses are smaller than ELMWOOD, and 84% of houses are larger. Note that EPC data is not available for all properties in Ashtead.

ELMWOOD: Plot and Title Map

ELMWOOD sits on a plot of roughly 0.138 of an acre, or 558m². The below map shows the location of ELMWOOD, 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 ELMWOOD). 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 ELMWOOD?

ELMWOOD is located on ELMWOOD CLOSE in ASHTEAD, in the KT21 postcode district. The below map shows the position of ELMWOOD on ELMWOOD CLOSE.