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

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.

THE NEW HOUSE is a very large extended detached house of 237m², built sometime between 2003 and 2006, which could now be worth an estimated £1,181,160. It was last sold for £925,000 in October 2015, which was around 24% 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	£745,928	24% above HPI
2012 31 AUG	£770,000	£543,454	42% above HPI
2007 28 JUN	£670,000	£479,331	40% above HPI
2005 23 MAR	£200,000	£412,726	52% 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 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the October 2015 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might THE NEW HOUSE be worth now?

THE NEW HOUSE might now be worth an estimated £1,181,160.

This is based on house price inflation of 27.7%, between October 2015 and February 2025, for detached houses, in the Epsom and Ewell local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 27.7% inflationary increase is applied to the most recent sale price for THE NEW HOUSE of £925,000 on 26th October 2015. For the value to have increased from £925,000 to £1,181,160 over the ten years and eight months to February 2025, the following assumptions must hold true:

• The value of THE NEW HOUSE has moved in line with the HPI for detached houses in the Epsom and Ewell local authority area.
• The October 2015 sale price of £925,000 represented a fair market value for the property.
• The size, condition, and specification of THE NEW HOUSE has not materially changed since October 2015.

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 houses in Epsom, based on EPC data. The below chart shows the distribution of detached houses houses by size in Epsom, and where THE NEW HOUSE lies on this distribution: 92% of detached houses 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.