3, RICHBELL CLOSE, ASHTEAD, KT21 2JR - £415,000

3 RICHBELL CLOSE is a very small detached house of 63m², built sometime between 1930 and 1949. It was last sold for £415,000 in July 2014, which was around 40% below the average July 2014 detached price in the Mole Valley local authority area. The most recent EPC inspection was August 2013, where the current energy rating was E, and the potential energy rating was B.

3 RICHBELL CLOSE Sold Prices

Land registry data shows two sales for 3 RICHBELL 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 Mole Valley local authority area for the corresponding sale date. Both of the two 3 RICHBELL 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
2014 4 JUL	£415,000	£686,582	40% below HPI
1997 27 MAY	£130,000	£197,435	34% below HPI

3 RICHBELL CLOSE 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 two 3 RICHBELL CLOSE sales from May 1997 and July 2014 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 May 1997 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the July 2014 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 3 RICHBELL CLOSE?

3 RICHBELL CLOSE is 63m² according to the EPC inspection conducted in August 2013. This puts it in the smallest 10% of detached houses in Ashtead, based on EPC data. The below chart shows the distribution of detached houses by size in Ashtead, and where 3 RICHBELL CLOSE lies on this distribution: Less than 1% of detached houses are smaller than 3 RICHBELL CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Ashtead.

3 RICHBELL CLOSE: Plot and Title Map

3 RICHBELL CLOSE sits on a plot of roughly 0.118 of an acre, or 476m². The below map shows the location of 3 RICHBELL 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 3 RICHBELL 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 3 RICHBELL CLOSE?

3 RICHBELL CLOSE is located in ASHTEAD, in the KT21 postcode district. The below map shows the position of No. 3 on RICHBELL CLOSE.