WOODWAY, FAIRMILE PARK ROAD, COBHAM, KT11 2PG - £2,375,000

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.

WOODWAY is a very large detached house of 437m², which could now be worth an estimated £3,069,125. It was last sold for £2,375,000 in February 2015, which was around 103% above the average February 2015 detached price in the Elmbridge local authority area. The most recent EPC inspection was July 2009, where the current energy rating was B, and the potential energy rating was B.

WOODWAY Sold Prices

Land registry data shows three sales for WOODWAY 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. All of the three WOODWAY 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 24 FEB	£2,375,000	£1,168,330	103% above HPI
2009 29 OCT	£2,250,000	£790,692	185% above HPI
2008 18 FEB	£1,000,000	£846,965	18% above HPI

WOODWAY 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 WOODWAY sales between February 2008 and February 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 October 2009 sale was for 185% above the HPI. So the extrapolation line tracks at 185% above the HPI over time, until the February 2015 sale, where it falls to 103% above the HPI. The line then continues to track at 103% above the HPI.

What might WOODWAY be worth now?

WOODWAY might now be worth an estimated £3,069,125.

This is based on house price inflation of 29.2%, between February 2015 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 29.2% inflationary increase is applied to the most recent sale price for WOODWAY of £2,375,000 on 24th February 2015. For the value to have increased from £2,375,000 to £3,069,125 over the ten years to February 2025, the following assumptions must hold true:

• The value of WOODWAY has moved in line with the HPI for detached houses in the Elmbridge local authority area.
• The February 2015 sale price of £2,375,000 represented a fair market value for the property.
• The size, condition, and specification of WOODWAY has not materially changed since February 2015.

How Large is WOODWAY?

WOODWAY is 437m² according to the EPC inspection conducted in July 2009. This puts it in the largest 20% of detached houses houses in Cobham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cobham, and where WOODWAY lies on this distribution: 83% of detached houses houses are smaller than WOODWAY, and 17% of houses are larger. Note that EPC data is not available for all properties in Cobham.

WOODWAY: Plot and Title Map

WOODWAY sits on a plot of roughly 0.357 of an acre, or 1,443m². The below map shows the location of WOODWAY, 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 WOODWAY). 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 WOODWAY?

WOODWAY is located on FAIRMILE PARK ROAD in COBHAM, in the KT11 postcode district. The below map shows the position of WOODWAY on FAIRMILE PARK ROAD.