THE NEW HOUSE, GROVE ROAD, EPSOM, KT17 4DE - £925,000

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

THE NEW HOUSE is a very large extended detached house of 237m², built sometime between 2003 and 2006. It was last sold for £925,000 in October 2015, which was around 25% above the average October 2015 detached price in the Epsom and Ewell local authority area. The most recent EPC inspection was May 2015, where the current energy rating was C, and the potential energy rating was C.

THE NEW HOUSE Sold Prices

Land registry data shows four sales for THE NEW HOUSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Epsom and Ewell local authority area for the corresponding sale date. Most of the four THE NEW HOUSE 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
2015 26 OCT	£925,000	£739,223	25% above HPI
2012 31 AUG	£770,000	£538,570	43% above HPI
2007 28 JUN	£670,000	£475,022	41% above HPI
2005 23 MAR	£200,000	£409,016	51% below HPI

THE NEW HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Epsom and Ewell local authority area over time, sourced from the HPI. The four THE NEW HOUSE sales between March 2005 and October 2015 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 2012 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the October 2015 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is THE NEW HOUSE?

THE NEW HOUSE is 237m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the largest 10% of detached houses in Epsom, based on EPC data. The below chart shows the distribution of detached houses by size in Epsom, and where THE NEW HOUSE lies on this distribution: 92% of detached houses are smaller than THE NEW HOUSE, and 8% of houses are larger. Note that EPC data is not available for all properties in Epsom.

THE NEW HOUSE: Plot and Title Map

THE NEW HOUSE sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of THE NEW HOUSE, 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 THE NEW HOUSE). 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 THE NEW HOUSE?

THE NEW HOUSE is located on GROVE ROAD in EPSOM, in the KT17 postcode district. The below map shows the position of THE NEW HOUSE on GROVE ROAD.