CHERRYWOOD, THE CHASE, OXSHOTT, LEATHERHEAD, KT22 0HY - £1,320,000

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.

CHERRYWOOD is a very small detached house of 156m², built sometime between 1950 and 1966, which could now be worth an estimated £1,537,992. It was last sold for £1,320,000 in April 2021, which was around 3% below the average April 2021 detached price in the Elmbridge local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was C.

CHERRYWOOD Sold Prices

Land registry data shows three sales for CHERRYWOOD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Elmbridge local authority area for the corresponding sale date. One of the three CHERRYWOOD sales was for below the average price, whilst two 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
2021 1 APR	£1,320,000	£1,356,140	3% below HPI
2012 27 SEP	£1,150,000	£948,817	21% above HPI
2008 16 MAY	£1,075,000	£855,635	26% above HPI

CHERRYWOOD 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 three CHERRYWOOD sales between May 2008 and April 2021 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 2012 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the April 2021 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might CHERRYWOOD be worth now?

CHERRYWOOD might now be worth an estimated £1,537,992.

This is based on house price inflation of 16.5%, between April 2021 and June 2025, for detached 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 16.5% inflationary increase is applied to the most recent sale price for CHERRYWOOD of £1,320,000 on 1st April 2021. For the value to have increased from £1,320,000 to £1,537,992 over the three years and ten months to June 2025, the following assumptions must hold true:

• The value of CHERRYWOOD has moved in line with the HPI for detached houses in the Elmbridge local authority area.
• The April 2021 sale price of £1,320,000 represented a fair market value for the property.
• The size, condition, and specification of CHERRYWOOD has not materially changed since April 2021.

How Large is CHERRYWOOD?

CHERRYWOOD is 156m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 20% of detached houses houses in Oxshott, based on EPC data. The below chart shows the distribution of detached houses houses by size in Oxshott, and where CHERRYWOOD lies on this distribution: 12% of detached houses houses are smaller than CHERRYWOOD, and 88% of houses are larger. Note that EPC data is not available for all properties in Oxshott.

CHERRYWOOD: Plot and Title Map

CHERRYWOOD sits on a plot of roughly 0.258 of an acre, or 1,045m². The below map shows the location of CHERRYWOOD, 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 CHERRYWOOD). 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 CHERRYWOOD?

CHERRYWOOD is located on THE CHASE in OXSHOTT, in the KT22 postcode district. The below map shows the position of CHERRYWOOD on THE CHASE.