MORLAND, HURSTFIELD ROAD, WEST MOLESEY, KT8 1QU - £1,020,000

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

MORLAND is a very large extended detached house of 175m², built sometime between 1967 and 1975. It was last sold for £1,020,000 in May 2023, which was around 26% below the average May 2023 detached price in the Elmbridge local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

MORLAND Sold Prices

Land registry data shows three sales for MORLAND since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Elmbridge local authority area for the corresponding sale date. All of the three MORLAND 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
2023 3 MAY	£1,020,000	£1,385,523	26% below HPI
2021 29 JUN	£500,000	£1,285,685	61% below HPI
1999 29 SEP	£189,950	£387,146	51% below HPI

MORLAND 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 three MORLAND sales between September 1999 and May 2023 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 2021 sale was for 61% below the HPI. So the extrapolation line tracks at 61% below the HPI over time, until the May 2023 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is MORLAND?

MORLAND is 175m², which includes one extension, according to the EPC inspection conducted in October 2022. This puts it in the largest 20% of detached houses in West Molesey, based on EPC data. The below chart shows the distribution of detached houses by size in West Molesey, and where MORLAND lies on this distribution: 88% of detached houses are smaller than MORLAND, and 12% of houses are larger. Note that EPC data is not available for all properties in West Molesey.

MORLAND: Plot and Title Map

MORLAND sits on a plot of roughly 0.110 of an acre, or 446m². The below map shows the location of MORLAND, 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 MORLAND). 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 MORLAND?

MORLAND is located on HURSTFIELD ROAD in WEST MOLESEY, in the KT8 postcode district. The below map shows the position of MORLAND on HURSTFIELD ROAD.