5, GRESHAM CLOSE, OXTED, RH8 0BH - £810,000

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.

5 GRESHAM CLOSE is a large detached house of 227m², built sometime between 1996 and 2002, which could now be worth an estimated £1,452,241. It was last sold for £810,000 in July 2009, which was around 65% above the average July 2009 detached price in the Tandridge local authority area. The most recent EPC inspection was March 2009, where the current energy rating was D, and the potential energy rating was D.

5 GRESHAM CLOSE Sold Prices

Land registry data shows three sales for 5 GRESHAM CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Tandridge local authority area for the corresponding sale date. All of the three 5 GRESHAM CLOSE 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
2009 3 JUL	£810,000	£489,991	65% above HPI
2007 1 AUG	£825,000	£536,063	54% above HPI
1995 2 JUN	£320,000	£168,376	90% above HPI

5 GRESHAM CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tandridge local authority area over time, sourced from the HPI. The three 5 GRESHAM CLOSE sales between June 1995 and July 2009 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 August 2007 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the July 2009 sale, where it rises to 65% above the HPI. The line then continues to track at 65% above the HPI.

What might 5 GRESHAM CLOSE be worth now?

5 GRESHAM CLOSE might now be worth an estimated £1,452,241.

This is based on house price inflation of 79.3%, between July 2009 and March 2025, for detached houses, in the Tandridge local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 79.3% inflationary increase is applied to the most recent sale price for 5 GRESHAM CLOSE of £810,000 on 3rd July 2009. For the value to have increased from £810,000 to £1,452,241 over the sixteen years and four months to March 2025, the following assumptions must hold true:

• The value of 5 GRESHAM CLOSE has moved in line with the HPI for detached houses in the Tandridge local authority area.
• The July 2009 sale price of £810,000 represented a fair market value for the property.
• The size, condition, and specification of 5 GRESHAM CLOSE has not materially changed since July 2009.

How Large is 5 GRESHAM CLOSE?

5 GRESHAM CLOSE is 227m² according to the EPC inspection conducted in March 2009. This puts it in the largest 40% of detached houses houses in Limpsfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Limpsfield, and where 5 GRESHAM CLOSE lies on this distribution: 61% of detached houses houses are smaller than 5 GRESHAM CLOSE, and 39% of houses are larger. Note that EPC data is not available for all properties in Limpsfield.

5 GRESHAM CLOSE: Plot and Title Map

5 GRESHAM CLOSE sits on a plot of roughly 0.189 of an acre, or 766m². The below map shows the location of 5 GRESHAM 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 5 GRESHAM 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 5 GRESHAM CLOSE?

5 GRESHAM CLOSE is located in OXTED, in the RH8 postcode district. The below map shows the position of No. 5 on GRESHAM CLOSE.