12, GRASSLANDS, SMALLFIELD, HORLEY, RH6 9NU - £440,000

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.

12 GRASSLANDS is a midsized detached house of 120m², built sometime between 1996 and 2002, which could now be worth an estimated £524,951. It was last sold for £440,000 in December 2015, which was around 40% below the average December 2015 detached price in the Tandridge local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

12 GRASSLANDS Sold Prices

Land registry data shows four sales for 12 GRASSLANDS 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 12 GRASSLANDS 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 18 DEC	£440,000	£734,588	40% below HPI
2005 21 OCT	£285,000	£456,278	38% below HPI
2003 22 DEC	£275,000	£430,721	36% below HPI
1996 18 MAR	£119,995	£168,082	29% below HPI

12 GRASSLANDS 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 12 GRASSLANDS sales between March 1996 and December 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 October 2005 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the December 2015 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 12 GRASSLANDS be worth now?

12 GRASSLANDS might now be worth an estimated £524,951.

This is based on house price inflation of 19.3%, between December 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 19.3% inflationary increase is applied to the most recent sale price for 12 GRASSLANDS of £440,000 on 18th December 2015. For the value to have increased from £440,000 to £524,951 over the ten years and ten months to February 2025, the following assumptions must hold true:

• The value of 12 GRASSLANDS has moved in line with the HPI for detached houses in the Tandridge local authority area.
• The December 2015 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of 12 GRASSLANDS has not materially changed since December 2015.

How Large is 12 GRASSLANDS?

12 GRASSLANDS is 120m² according to the EPC inspection conducted in September 2015. This puts it in the largest 50% of detached houses houses in Smallfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Smallfield, and where 12 GRASSLANDS lies on this distribution: 59% of detached houses houses are smaller than 12 GRASSLANDS, and 41% of houses are larger. Note that EPC data is not available for all properties in Smallfield.

12 GRASSLANDS: Plot and Title Map

12 GRASSLANDS sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 12 GRASSLANDS, 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 12 GRASSLANDS). 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 12 GRASSLANDS?

12 GRASSLANDS is located in SMALLFIELD, in the RH6 postcode district. The below map shows the position of No. 12 on GRASSLANDS.