SPRINGWOOD, PLEASURE PIT ROAD, ASHTEAD, KT21 1HR - £1,280,000

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

SPRINGWOOD is a large extended detached house of 194m², built sometime between 1967 and 1975. It was last sold for £1,280,000 in June 2021, which was around 51% above the average June 2021 detached price in the Mole Valley local authority area. The most recent EPC inspection was March 2016, where the current energy rating was E, and the potential energy rating was D.

SPRINGWOOD Sold Prices

Land registry data shows three sales for SPRINGWOOD 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 SPRINGWOOD 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 17 JUN	£1,280,000	£849,865	51% above HPI
2018 17 AUG	£950,000	£827,731	15% above HPI
2002 25 JAN	£530,000	£363,704	46% above HPI

SPRINGWOOD 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 SPRINGWOOD sales between January 2002 and June 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 August 2018 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the June 2021 sale, where it rises to 51% above the HPI. The line then continues to track at 51% above the HPI.

How Large is SPRINGWOOD?

SPRINGWOOD is 194m², which includes three extensions, according to the EPC inspection conducted in March 2016. This puts it in the largest 30% of detached houses in Ashtead, based on EPC data. The below chart shows the distribution of detached houses by size in Ashtead, and where SPRINGWOOD lies on this distribution: 72% of detached houses are smaller than SPRINGWOOD, and 27% of houses are larger. Note that EPC data is not available for all properties in Ashtead.

SPRINGWOOD: Plot and Title Map

SPRINGWOOD sits on a plot of roughly 0.208 of an acre, or 841m². The below map shows the location of SPRINGWOOD, 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 SPRINGWOOD). 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 SPRINGWOOD?

SPRINGWOOD is located on PLEASURE PIT ROAD in ASHTEAD, in the KT21 postcode district. The below map shows the position of SPRINGWOOD on PLEASURE PIT ROAD.