GREENWOOD, ORESTAN LANE, EFFINGHAM, LEATHERHEAD, KT24 5SN - £975,000

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

GREENWOOD is a small detached house of 123m², built sometime between 2003 and 2006. It was last sold for £975,000 in November 2019, which was around 25% above the average November 2019 detached price in the Guildford local authority area. The most recent EPC inspection was September 2012, where the current energy rating was C, and the potential energy rating was B.

GREENWOOD Sold Prices

Land registry data shows three sales for GREENWOOD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Guildford local authority area for the corresponding sale date. One of the three GREENWOOD sales was for above the average price, whilst two 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
2019 14 NOV	£975,000	£781,776	25% above HPI
2009 15 OCT	£499,950	£503,357	1% below HPI
2005 23 NOV	£358,869	£428,552	16% below HPI

GREENWOOD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Guildford local authority area over time, sourced from the HPI. The three GREENWOOD sales between November 2005 and November 2019 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 October 2009 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the November 2019 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is GREENWOOD?

GREENWOOD is 123m² according to the EPC inspection conducted in September 2012. This puts it in the smallest 30% of detached houses in Effingham, based on EPC data. The below chart shows the distribution of detached houses by size in Effingham, and where GREENWOOD lies on this distribution: 30% of detached houses are smaller than GREENWOOD, and 70% of houses are larger. Note that EPC data is not available for all properties in Effingham.

GREENWOOD: Plot and Title Map

GREENWOOD sits on a plot of roughly 1.2 acres, or 4,699m². The below map shows the location of GREENWOOD, 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 GREENWOOD). 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 GREENWOOD?

GREENWOOD is located on ORESTAN LANE in EFFINGHAM, in the KT24 postcode district. The below map shows the position of GREENWOOD on ORESTAN LANE.