1, PADDOCK WAY, OXTED, RH8 0LF - £735,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 PADDOCK WAY is a very small detached house of 88m², built sometime between 1983 and 1990, which could now be worth an estimated £721,623. It was last sold for £735,000 in March 2024, which was around 19% below the average March 2024 detached price in the Tandridge local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

1 PADDOCK WAY Sold Prices

Land registry data shows two sales for 1 PADDOCK WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Tandridge local authority area for the corresponding sale date. Both of the two 1 PADDOCK WAY 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
2024 15 MAR	£735,000	£910,408	19% below HPI
2016 29 JUL	£480,000	£760,220	37% below HPI

1 PADDOCK WAY 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 two 1 PADDOCK WAY sales from July 2016 and March 2024 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 July 2016 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the March 2024 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 1 PADDOCK WAY be worth now?

1 PADDOCK WAY might now be worth an estimated £721,623.

This is based on house price deflation of 1.8%, between March 2024 and December 2024, 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 1.8% deflationary decrease is applied to the most recent sale price for 1 PADDOCK WAY of £735,000 on 15th March 2024. For the value to have decreased from £735,000 to £721,623 over the three months to December 2024, the following assumptions must hold true:

• The value of 1 PADDOCK WAY has moved in line with the HPI for detached houses in the Tandridge local authority area.
• The March 2024 sale price of £735,000 represented a fair market value for the property.
• The size, condition, and specification of 1 PADDOCK WAY has not materially changed since March 2024.

How Large is 1 PADDOCK WAY?

1 PADDOCK WAY is 88m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 10% of detached houses houses in Oxted, based on EPC data. The below chart shows the distribution of detached houses houses by size in Oxted, and where 1 PADDOCK WAY lies on this distribution: 7% of detached houses houses are smaller than 1 PADDOCK WAY, and 93% of houses are larger. Note that EPC data is not available for all properties in Oxted.

1 PADDOCK WAY: Plot and Title Map

1 PADDOCK WAY sits on a plot of roughly 0.190 of an acre, or 767m². The below map shows the location of 1 PADDOCK WAY, 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 WAY). 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 WAY?

1 PADDOCK WAY is located in OXTED, in the RH8 postcode district. The below map shows the position of No. 1 on PADDOCK WAY.