IKAYA, GARDEN CLOSE, LEATHERHEAD, KT22 8LT - £1,421,000

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

IKAYA is a very large extended detached house of 251m², built sometime between 1950 and 1966. It was last sold for £1,421,000 in August 2021, which was around 60% above the average August 2021 detached price in the Mole Valley local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was C.

IKAYA Sold Prices

Land registry data shows three sales for IKAYA since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Mole Valley local authority area for the corresponding sale date. All of the three IKAYA sales were for above 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
2021 2 AUG	£1,421,000	£887,275	60% above HPI
2018 21 JUN	£1,150,000	£837,416	37% above HPI
2004 4 NOV	£740,000	£470,209	57% above HPI

IKAYA 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 three IKAYA sales between November 2004 and August 2021 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 2018 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the August 2021 sale, where it rises to 60% above the HPI. The line then continues to track at 60% above the HPI.

How Large is IKAYA?

IKAYA is 251m², which includes two extensions, according to the EPC inspection conducted in May 2017. This puts it in the largest 20% of detached houses in Leatherhead, based on EPC data. The below chart shows the distribution of detached houses by size in Leatherhead, and where IKAYA lies on this distribution: 82% of detached houses are smaller than IKAYA, and 18% of houses are larger. Note that EPC data is not available for all properties in Leatherhead.

IKAYA: Plot and Title Map

IKAYA sits on a plot of roughly 0.644 of an acre, or 2,606m². The below map shows the location of IKAYA, 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 IKAYA). 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 IKAYA?

IKAYA is located on GARDEN CLOSE in LEATHERHEAD, in the KT22 postcode district. The below map shows the position of IKAYA on GARDEN CLOSE.