HILLRISE, ORESTAN LANE, EFFINGHAM, LEATHERHEAD, KT24 5SN - £450,000

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

HILLRISE is a very small detached house of 96m², built sometime between 1996 and 2002. It was last sold for £450,000 in February 2007, which was around 9% below the average February 2007 detached price in the Guildford local authority area. The most recent EPC inspection was November 2011, where the current energy rating was C, and the potential energy rating was C.

HILLRISE Sold Prices

Land registry data shows two sales for HILLRISE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Guildford local authority area for the corresponding sale date. Both of the two HILLRISE 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
2007 28 FEB	£450,000	£493,707	9% below HPI
1996 26 FEB	£45,000	£155,826	71% below HPI

HILLRISE 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 two HILLRISE sales from February 1996 and February 2007 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 February 1996 sale was for 71% below the HPI. So the extrapolation line tracks at 71% below the HPI over time, until the February 2007 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is HILLRISE?

HILLRISE is 96m² according to the EPC inspection conducted in November 2011. This puts it in the smallest 20% of detached houses in Effingham, based on EPC data. The below chart shows the distribution of detached houses by size in Effingham, and where HILLRISE lies on this distribution: 14% of detached houses are smaller than HILLRISE, and 86% of houses are larger. Note that EPC data is not available for all properties in Effingham.

HILLRISE: Plot and Title Map

HILLRISE sits on a plot of roughly 0.153 of an acre, or 618m². The below map shows the location of HILLRISE, 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 HILLRISE). 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 HILLRISE?

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