FAIROAKS, HARDWICK CLOSE, OXSHOTT, LEATHERHEAD, KT22 0HZ - £3,800,000

FAIROAKS is a very large detached house of 639m². It was last sold for £3,800,000 in September 2021, which was around 178% above the average September 2021 detached price in the Elmbridge local authority area. The most recent EPC inspection was May 2017, where the current energy rating was B, and the potential energy rating was B.

FAIROAKS Sold Prices

Land registry data shows four sales for FAIROAKS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Elmbridge local authority area for the corresponding sale date. All of the four FAIROAKS 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
2021 6 SEP	£3,800,000	£1,368,623	178% above HPI
2013 31 OCT	£1,450,000	£978,211	48% above HPI
2004 3 DEC	£848,000	£609,338	39% above HPI
1998 3 DEC	£450,000	£338,689	33% above HPI

FAIROAKS 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 four FAIROAKS sales between December 1998 and September 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 October 2013 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the September 2021 sale, where it rises to 178% above the HPI. The line then continues to track at 178% above the HPI.

How Large is FAIROAKS?

FAIROAKS is 639m² according to the EPC inspection conducted in May 2017. This puts it in the largest 20% of detached houses in Oxshott, based on EPC data. The below chart shows the distribution of detached houses by size in Oxshott, and where FAIROAKS lies on this distribution: 86% of detached houses are smaller than FAIROAKS, and 14% of houses are larger. Note that EPC data is not available for all properties in Oxshott.

FAIROAKS: Plot and Title Map

FAIROAKS sits on a plot of roughly 0.549 of an acre, or 2,223m². The below map shows the location of FAIROAKS, 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 FAIROAKS). 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 FAIROAKS?

FAIROAKS is located on HARDWICK CLOSE in OXSHOTT, in the KT22 postcode district. The below map shows the position of FAIROAKS on HARDWICK CLOSE.