16, THE CEDARS, LEATHERHEAD, KT22 8TH - £675,000

16 THE CEDARS is a small detached house of 138m², built sometime between 1983 and 1990. It was last sold for £675,000 in April 2015, which was around 6% below the average April 2015 detached price in the Mole Valley local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was C.

16 THE CEDARS Sold Prices

Land registry data shows four sales for 16 THE CEDARS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Mole Valley local authority area for the corresponding sale date. Most of the four 16 THE CEDARS sales were for below 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 17 APR	£675,000	£714,959	6% below HPI
2008 27 JUN	£495,000	£577,264	14% below HPI
2002 5 JUL	£335,000	£395,379	15% below HPI
1996 24 SEP	£198,000	£185,913	7% above HPI

16 THE CEDARS 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 four 16 THE CEDARS sales between September 1996 and April 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 June 2008 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the April 2015 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 16 THE CEDARS?

16 THE CEDARS is 138m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 40% of detached houses in Ashtead, based on EPC data. The below chart shows the distribution of detached houses by size in Ashtead, and where 16 THE CEDARS lies on this distribution: 40% of detached houses are smaller than 16 THE CEDARS, and 60% of houses are larger. Note that EPC data is not available for all properties in Ashtead.

16 THE CEDARS: Plot and Title Map

16 THE CEDARS sits on a plot of roughly 0.131 of an acre, or 531m². The below map shows the location of 16 THE CEDARS, 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 16 THE CEDARS). 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 16 THE CEDARS?

16 THE CEDARS is located in LEATHERHEAD, in the KT22 postcode district. The below map shows the position of No. 16 on THE CEDARS.