FLAT 3, THE OLD RECTORY, RECTORY CLOSE, ASHTEAD, KT21 2AZ - £187,000

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.

FLAT 3 THE OLD RECTORY is a very small flat of 27m², built sometime before 1900, which could now be worth an estimated £195,182. It was last sold for £187,000 in September 2019, which was around 30% below the average September 2019 flat price in the Mole Valley local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was C.

FLAT 3 THE OLD RECTORY Sold Prices

Land registry data shows five sales for FLAT 3 THE OLD RECTORY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average flat price in the Mole Valley local authority area for the corresponding sale date. All of the five FLAT 3 THE OLD RECTORY sales were for below 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
2019 12 SEP	£187,000	£267,935	30% below HPI
2007 30 JUL	£157,000	£217,475	28% below HPI
1999 12 JUL	£63,000	£93,119	32% below HPI
1998 24 APR	£53,000	£78,956	33% below HPI
1997 4 APR	£48,750	£70,301	31% below HPI

What might FLAT 3 THE OLD RECTORY be worth now?

FLAT 3 THE OLD RECTORY might now be worth an estimated £195,182.

This is based on house price inflation of 4.4%, between September 2019 and May 2026, for flats, in the Mole Valley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.4% inflationary increase is applied to the most recent sale price for FLAT 3 THE OLD RECTORY of £187,000 on 12th September 2019. For the value to have increased from £187,000 to £195,182 over the seven years and four months to May 2026, the following assumptions must hold true:

• The value of FLAT 3 THE OLD RECTORY has moved in line with the HPI for flats in the Mole Valley local authority area.
• The September 2019 sale price of £187,000 represented a fair market value for the property.
• The size, condition, and specification of FLAT 3 THE OLD RECTORY has not materially changed since September 2019.

How Large is FLAT 3 THE OLD RECTORY?

FLAT 3 THE OLD RECTORY is 27m² according to the EPC inspection conducted in January 2020. This puts it in the smallest 10% of flats in Ashtead, based on EPC data. Less than 1% of flats are smaller than FLAT 3 THE OLD RECTORY, and more than 99% of flats are larger. Note that EPC data is not available for all properties in Ashtead.

FLAT 3 THE OLD RECTORY: Plot

FLAT 3 THE OLD RECTORY sits on a plot of roughly 0.223 of an acre, or 903m².

Where is FLAT 3 THE OLD RECTORY?

FLAT 3, THE OLD RECTORY is located on RECTORY CLOSE in ASHTEAD, in the KT21 postcode district.