OAKDENE, RED HOUSE LANE, ELSTEAD, GODALMING, GU8 6DR - £685,000

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

OAKDENE is a midsized extended detached house of 136m², built sometime between 1950 and 1966. It was last sold for £685,000 in May 2014, which was around 13% above the average May 2014 detached price in the Waverley local authority area. The most recent EPC inspection was November 2011, where the current energy rating was E, and the potential energy rating was D.

OAKDENE Sold Prices

Land registry data shows two sales for OAKDENE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Waverley local authority area for the corresponding sale date. Both of the two OAKDENE 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
2014 20 MAY	£685,000	£604,465	13% above HPI
1995 17 FEB	£210,000	£150,603	39% above HPI

OAKDENE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Waverley local authority area over time, sourced from the HPI. The two OAKDENE sales from February 1995 and May 2014 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 1995 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the May 2014 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is OAKDENE?

OAKDENE is 136m², which includes one extension, according to the EPC inspection conducted in November 2011. This puts it in the smallest 50% of detached houses in Elstead, based on EPC data. The below chart shows the distribution of detached houses by size in Elstead, and where OAKDENE lies on this distribution: 43% of detached houses are smaller than OAKDENE, and 57% of houses are larger. Note that EPC data is not available for all properties in Elstead.

OAKDENE: Plot and Title Map

OAKDENE sits on a plot of roughly 0.240 of an acre, or 973m². The below map shows the location of OAKDENE, 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 OAKDENE). 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 OAKDENE?

OAKDENE is located on RED HOUSE LANE in ELSTEAD, in the GU8 postcode district. The below map shows the position of OAKDENE on RED HOUSE LANE.