LORAL, MILES LANE, COBHAM, KT11 2EA - £1,520,000

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

LORAL is a small extended detached house of 216m², built sometime between 1976 and 1982. It was last sold for £1,520,000 in December 2022, which was around 2% above the average December 2022 detached price in the Elmbridge local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was C.

LORAL Sold Prices

Land registry data shows two sales for LORAL since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Elmbridge local authority area for the corresponding sale date. Both of the two LORAL 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
2022 12 DEC	£1,520,000	£1,492,255	2% above HPI
1999 7 JUL	£455,000	£366,594	24% above HPI

LORAL 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 two LORAL sales from July 1999 and December 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 July 1999 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the December 2022 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is LORAL?

LORAL is 216m², which includes one extension, according to the EPC inspection conducted in August 2022. This puts it in the smallest 40% of detached houses in Cobham, based on EPC data. The below chart shows the distribution of detached houses by size in Cobham, and where LORAL lies on this distribution: 39% of detached houses are smaller than LORAL, and 61% of houses are larger. Note that EPC data is not available for all properties in Cobham.

LORAL: Plot and Title Map

LORAL sits on a plot of roughly 0.303 of an acre, or 1,226m². The below map shows the location of LORAL, 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 LORAL). 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 LORAL?

LORAL is located on MILES LANE in COBHAM, in the KT11 postcode district. The below map shows the position of LORAL on MILES LANE.