2, KNIGHTS CLOSE, WEST MOLESEY, KT8 2HP - £740,000

2 KNIGHTS CLOSE is a very small detached house of 65m², built sometime between 1996 and 2002. It was last sold for £740,000 in October 2018, which was around 41% below the average October 2018 detached price in the Elmbridge local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was B.

2 KNIGHTS CLOSE Sold Prices

Land registry data shows two sales for 2 KNIGHTS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Elmbridge local authority area for the corresponding sale date. Both of the two 2 KNIGHTS CLOSE 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
2018 26 OCT	£740,000	£1,245,334	41% below HPI
2004 8 OCT	£460,000	£608,000	24% below HPI

2 KNIGHTS CLOSE 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 two 2 KNIGHTS CLOSE sales from October 2004 and October 2018 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 2004 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the October 2018 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 2 KNIGHTS CLOSE?

2 KNIGHTS CLOSE is 65m² according to the EPC inspection conducted in October 2012. This puts it in the smallest 10% of detached houses in West Molesey, based on EPC data. The below chart shows the distribution of detached houses by size in West Molesey, and where 2 KNIGHTS CLOSE lies on this distribution: 4% of detached houses are smaller than 2 KNIGHTS CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in West Molesey.

2 KNIGHTS CLOSE: Plot and Title Map

2 KNIGHTS CLOSE sits on a plot of roughly 0.190 of an acre, or 768m². The below map shows the location of 2 KNIGHTS CLOSE, 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 2 KNIGHTS CLOSE). 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 2 KNIGHTS CLOSE?

2 KNIGHTS CLOSE is located in WEST MOLESEY, in the KT8 postcode district. The below map shows the position of No. 2 on KNIGHTS CLOSE.