FAIRMILE LEA LODGE, PORTSMOUTH ROAD, COBHAM, KT11 1BQ - £645,000

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

FAIRMILE LEA LODGE is a very small detached house of 112m², built sometime between 1900 and 1929. It was last sold for £645,000 in March 2024, which was around 54% below the average March 2024 detached price in the Elmbridge local authority area. The most recent EPC inspection was August 2018, where the current energy rating was E, and the potential energy rating was C.

FAIRMILE LEA LODGE Sold Prices

Land registry data shows five sales for FAIRMILE LEA LODGE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Elmbridge local authority area for the corresponding sale date. All of the five FAIRMILE LEA LODGE 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
2024 20 MAR	£645,000	£1,393,237	54% below HPI
2009 17 JUL	£402,000	£697,322	42% below HPI
2004 3 DEC	£360,000	£609,338	41% below HPI
1999 30 JUL	£259,950	£366,594	29% below HPI
1995 2 FEB	£108,000	£213,249	49% below HPI

FAIRMILE LEA LODGE 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 five FAIRMILE LEA LODGE sales between February 1995 and March 2024 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 July 2009 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the March 2024 sale, where it falls to 54% below the HPI. The line then continues to track at 54% below the HPI.

How Large is FAIRMILE LEA LODGE?

FAIRMILE LEA LODGE is 112m² according to the EPC inspection conducted in August 2018. This puts it in the smallest 10% of detached houses in Cobham, based on EPC data. The below chart shows the distribution of detached houses by size in Cobham, and where FAIRMILE LEA LODGE lies on this distribution: 4% of detached houses are smaller than FAIRMILE LEA LODGE, and 95% of houses are larger. Note that EPC data is not available for all properties in Cobham.

FAIRMILE LEA LODGE: Plot and Title Map

FAIRMILE LEA LODGE sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of FAIRMILE LEA LODGE, 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 FAIRMILE LEA LODGE). 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 FAIRMILE LEA LODGE?

FAIRMILE LEA LODGE is located on PORTSMOUTH ROAD in COBHAM, in the KT11 postcode district. The below map shows the position of FAIRMILE LEA LODGE on PORTSMOUTH ROAD.