MAGNOLIA HEIGHTS, MOLES HILL, OXSHOTT, LEATHERHEAD, KT22 0QB - £2,350,000

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.

MAGNOLIA HEIGHTS is a very large extended detached house of 649m², built sometime between 2003 and 2006, which could now be worth an estimated £2,886,473. It was last sold for £2,350,000 in May 2018, which was around 90% above the average May 2018 detached price in the Elmbridge local authority area. The most recent EPC inspection was April 2020, where the current energy rating was C, and the potential energy rating was B.

MAGNOLIA HEIGHTS Sold Prices

Land registry data shows two sales for MAGNOLIA HEIGHTS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Elmbridge local authority area for the corresponding sale date. Both of the two MAGNOLIA HEIGHTS 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
2018 29 MAY	£2,350,000	£1,235,160	90% above HPI
2003 24 JAN	£2,150,000	£619,097	247% above HPI

MAGNOLIA HEIGHTS 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 two MAGNOLIA HEIGHTS sales from January 2003 and May 2018 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 January 2003 sale was for 247% above the HPI. So the extrapolation line tracks at 247% above the HPI over time, until the May 2018 sale, where it falls to 90% above the HPI. The line then continues to track at 90% above the HPI.

What might MAGNOLIA HEIGHTS be worth now?

MAGNOLIA HEIGHTS might now be worth an estimated £2,886,473.

This is based on house price inflation of 22.8%, between May 2018 and March 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 22.8% inflationary increase is applied to the most recent sale price for MAGNOLIA HEIGHTS of £2,350,000 on 29th May 2018. For the value to have increased from £2,350,000 to £2,886,473 over the seven years and two months to March 2025, the following assumptions must hold true:

• The value of MAGNOLIA HEIGHTS has moved in line with the HPI for detached houses in the Elmbridge local authority area.
• The May 2018 sale price of £2,350,000 represented a fair market value for the property.
• The size, condition, and specification of MAGNOLIA HEIGHTS has not materially changed since May 2018.

How Large is MAGNOLIA HEIGHTS?

MAGNOLIA HEIGHTS is 649m², which includes one extension, according to the EPC inspection conducted in April 2020. This puts it in the largest 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 MAGNOLIA HEIGHTS lies on this distribution: 87% of detached houses houses are smaller than MAGNOLIA HEIGHTS, and 13% of houses are larger. Note that EPC data is not available for all properties in Oxshott.

MAGNOLIA HEIGHTS: Plot and Title Map

MAGNOLIA HEIGHTS sits on a plot of roughly 0.489 of an acre, or 1,978m². The below map shows the location of MAGNOLIA HEIGHTS, 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 MAGNOLIA HEIGHTS). 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 MAGNOLIA HEIGHTS?

MAGNOLIA HEIGHTS is located on MOLES HILL in OXSHOTT, in the KT22 postcode district. The below map shows the position of MAGNOLIA HEIGHTS on MOLES HILL.