1, PADDOCK CLOSE, LINGFIELD, RH7 6LB - £585,000

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.

1 PADDOCK CLOSE is a midsized detached house of 138m², built sometime between 1996 and 2002, which could now be worth an estimated £742,421. It was last sold for £585,000 in August 2015, which was around 15% below the average August 2015 detached price in the Tandridge local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was C.

1 PADDOCK CLOSE Sold Prices

Land registry data shows four sales for 1 PADDOCK CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Tandridge local authority area for the corresponding sale date. All of the four 1 PADDOCK CLOSE 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
2015 26 AUG	£585,000	£690,583	15% below HPI
2007 1 NOV	£495,000	£552,081	10% below HPI
2004 30 APR	£383,750	£442,977	13% below HPI
1997 22 SEP	£199,950	£203,846	2% below HPI

1 PADDOCK CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tandridge local authority area over time, sourced from the HPI. The four 1 PADDOCK CLOSE sales between September 1997 and August 2015 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 November 2007 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the August 2015 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 1 PADDOCK CLOSE be worth now?

1 PADDOCK CLOSE might now be worth an estimated £742,421.

This is based on house price inflation of 26.9%, between August 2015 and February 2025, for detached houses, in the Tandridge local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 26.9% inflationary increase is applied to the most recent sale price for 1 PADDOCK CLOSE of £585,000 on 26th August 2015. For the value to have increased from £585,000 to £742,421 over the ten years and six months to February 2025, the following assumptions must hold true:

• The value of 1 PADDOCK CLOSE has moved in line with the HPI for detached houses in the Tandridge local authority area.
• The August 2015 sale price of £585,000 represented a fair market value for the property.
• The size, condition, and specification of 1 PADDOCK CLOSE has not materially changed since August 2015.

How Large is 1 PADDOCK CLOSE?

1 PADDOCK CLOSE is 138m² according to the EPC inspection conducted in August 2014. This puts it in the largest 40% of detached houses houses in Lingfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lingfield, and where 1 PADDOCK CLOSE lies on this distribution: 59% of detached houses houses are smaller than 1 PADDOCK CLOSE, and 39% of houses are larger. Note that EPC data is not available for all properties in Lingfield.

1 PADDOCK CLOSE: Plot and Title Map

1 PADDOCK CLOSE sits on a plot of roughly 0.094 of an acre, or 379m². The below map shows the location of 1 PADDOCK CLOSE, 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 1 PADDOCK CLOSE). 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 1 PADDOCK CLOSE?

1 PADDOCK CLOSE is located in LINGFIELD, in the RH7 postcode district. The below map shows the position of No. 1 on PADDOCK CLOSE.