STEPPING STONES, THE RIDGEWAY, OXSHOTT, LEATHERHEAD, KT22 0LJ - £1,280,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

STEPPING STONES is a small extended detached house of 234m², built sometime between 1930 and 1949, which could now be worth an estimated £1,421,805. It was last sold for £1,280,000 in March 2021, which was around 6% below the average March 2021 detached price in the Elmbridge local authority area. The most recent EPC inspection was May 2020, where the current energy rating was D, and the potential energy rating was C.

STEPPING STONES Sold Prices

Land registry data shows three sales for STEPPING STONES 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. Two of the three STEPPING STONES sales were for below the average price, whilst one was 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 11 MAR	£1,280,000	£1,359,210	6% below HPI
2011 3 JUN	£999,000	£853,233	17% above HPI
1997 29 APR	£241,000	£278,194	13% below HPI

STEPPING STONES 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 STEPPING STONES sales between April 1997 and March 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 2011 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the March 2021 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might STEPPING STONES be worth now?

STEPPING STONES might now be worth an estimated £1,421,805.

This is based on house price inflation of 11.1%, between March 2021 and February 2025, for detached houses, in the Elmbridge local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 11.1% inflationary increase is applied to the most recent sale price for STEPPING STONES of £1,280,000 on 11th March 2021. For the value to have increased from £1,280,000 to £1,421,805 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of STEPPING STONES has moved in line with the HPI for detached houses in the Elmbridge local authority area.
• The March 2021 sale price of £1,280,000 represented a fair market value for the property.
• The size, condition, and specification of STEPPING STONES has not materially changed since March 2021.

How Large is STEPPING STONES?

STEPPING STONES is 234m², which includes three extensions, according to the EPC inspection conducted in May 2020. This puts it in the smallest 40% of detached houses houses in Oxshott, based on EPC data. The below chart shows the distribution of detached houses houses by size in Oxshott, and where STEPPING STONES lies on this distribution: 36% of detached houses houses are smaller than STEPPING STONES, and 64% of houses are larger. Note that EPC data is not available for all properties in Oxshott.

STEPPING STONES: Plot and Title Map

STEPPING STONES sits on a plot of roughly 0.149 of an acre, or 605m². The below map shows the location of STEPPING STONES, 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 STEPPING STONES). 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 STEPPING STONES?

STEPPING STONES is located on THE RIDGEWAY in OXSHOTT, in the KT22 postcode district. The below map shows the position of STEPPING STONES on THE RIDGEWAY.