43, GRAFTON WAY, WEST MOLESEY, KT8 2NW - £405,000

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.

43 GRAFTON WAY is a very small terraced house of 69m², built sometime between 1991 and 1995, which could now be worth an estimated £503,686. It was last sold for £405,000 in April 2020, which was around 14% below the average April 2020 terraced price in the Elmbridge local authority area. The most recent EPC inspection was June 2015, where the current energy rating was C, and the potential energy rating was B.

43 GRAFTON WAY Sold Prices

Land registry data shows two sales for 43 GRAFTON WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Elmbridge local authority area for the corresponding sale date. Both of the two 43 GRAFTON WAY 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
2020 6 APR	£405,000	£469,277	14% below HPI
2015 23 SEP	£315,000	£454,181	31% below HPI

43 GRAFTON WAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Elmbridge local authority area over time, sourced from the HPI. The two 43 GRAFTON WAY sales from September 2015 and April 2020 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 September 2015 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the April 2020 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 43 GRAFTON WAY be worth now?

43 GRAFTON WAY might now be worth an estimated £503,686.

This is based on house price inflation of 24.4%, between April 2020 and June 2025, for terraced 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 24.4% inflationary increase is applied to the most recent sale price for 43 GRAFTON WAY of £405,000 on 6th April 2020. For the value to have increased from £405,000 to £503,686 over the four years and ten months to June 2025, the following assumptions must hold true:

• The value of 43 GRAFTON WAY has moved in line with the HPI for terraced houses in the Elmbridge local authority area.
• The April 2020 sale price of £405,000 represented a fair market value for the property.
• The size, condition, and specification of 43 GRAFTON WAY has not materially changed since April 2020.

How Large is 43 GRAFTON WAY?

43 GRAFTON WAY is 69m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 10% of terraced houses houses in West Molesey, based on EPC data. The below chart shows the distribution of terraced houses houses by size in West Molesey, and where 43 GRAFTON WAY lies on this distribution: 5% of terraced houses houses are smaller than 43 GRAFTON WAY, and 94% of houses are larger. Note that EPC data is not available for all properties in West Molesey.

43 GRAFTON WAY: Plot and Title Map

43 GRAFTON WAY sits on a plot of roughly 0.023 of an acre, or 93m². The below map shows the location of 43 GRAFTON WAY, 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 43 GRAFTON WAY). 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 43 GRAFTON WAY?

43 GRAFTON WAY is located in WEST MOLESEY, in the KT8 postcode district. The below map shows the position of No. 43 on GRAFTON WAY.