ORCHARD LEA, MILFORD ROAD, ELSTEAD, GODALMING, GU8 6HR - £500,000

ORCHARD LEA is a large extended detached house of 168m², built sometime between 1930 and 1949. It was last sold for £500,000 in October 2011, which was around 8% below the average October 2011 detached price in the Waverley local authority area. The most recent EPC inspection was January 2014, where the current energy rating was E, and the potential energy rating was C.

ORCHARD LEA Sold Prices

Land registry data shows three sales for ORCHARD LEA since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Waverley local authority area for the corresponding sale date. One of the three ORCHARD LEA 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
2011 28 OCT	£500,000	£541,705	8% below HPI
2008 14 MAR	£545,000	£525,236	4% above HPI
2003 28 JAN	£439,500	£385,917	14% above HPI

ORCHARD LEA Price Paid vs. HPI Average

The below graph shows the average detached house price in the Waverley local authority area over time, sourced from the HPI. The three ORCHARD LEA sales between January 2003 and October 2011 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 March 2008 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the October 2011 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is ORCHARD LEA?

ORCHARD LEA is 168m², which includes one extension, according to the EPC inspection conducted in January 2014. This puts it in the largest 40% of detached houses in Elstead, based on EPC data. The below chart shows the distribution of detached houses by size in Elstead, and where ORCHARD LEA lies on this distribution: 69% of detached houses are smaller than ORCHARD LEA, and 31% of houses are larger. Note that EPC data is not available for all properties in Elstead.

ORCHARD LEA: Plot and Title Map

ORCHARD LEA sits on a plot of roughly 0.192 of an acre, or 779m². The below map shows the location of ORCHARD LEA, 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 ORCHARD LEA). 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 ORCHARD LEA?

ORCHARD LEA is located on MILFORD ROAD in ELSTEAD, in the GU8 postcode district. The below map shows the position of ORCHARD LEA on MILFORD ROAD.