2, GRASSLANDS, SMALLFIELD, HORLEY, RH6 9NU - £425,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 GRASSLANDS is a midsized extended detached house of 112m², built sometime between 1996 and 2002. It was last sold for £425,000 in March 2021, which was around 48% below the average March 2021 detached price in the Tandridge local authority area. The most recent EPC inspection was January 2020, where the current energy rating was E, and the potential energy rating was C.

2 GRASSLANDS Sold Prices

Land registry data shows two sales for 2 GRASSLANDS 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 2 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
2021 12 MAR	£425,000	£820,914	48% below HPI
1996 7 NOV	£117,000	£170,199	31% below HPI

2 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 two 2 GRASSLANDS sales from November 1996 and March 2021 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 1996 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the March 2021 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 2 GRASSLANDS?

2 GRASSLANDS is 112m², which includes two extensions, according to the EPC inspection conducted in January 2020. This puts it in the largest 50% of detached houses in Smallfield, based on EPC data. The below chart shows the distribution of detached houses by size in Smallfield, and where 2 GRASSLANDS lies on this distribution: 50% of detached houses are smaller than 2 GRASSLANDS, and 50% of houses are larger. Note that EPC data is not available for all properties in Smallfield.

2 GRASSLANDS: Plot and Title Map

2 GRASSLANDS sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 2 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 2 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 2 GRASSLANDS?

2 GRASSLANDS is located in SMALLFIELD, in the RH6 postcode district. The below map shows the position of No. 2 on GRASSLANDS.