2, PADDOCK CLOSE, LINGFIELD, RH7 6LB - £850,000

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.

2 PADDOCK CLOSE is a midsized extended detached house of 129m², built sometime between 1996 and 2002, which could now be worth an estimated £781,107. It was last sold for £850,000 in September 2022, which was around 11% below the average September 2022 detached price in the Tandridge local authority area. The most recent EPC inspection was September 2017, where the current energy rating was C, and the potential energy rating was B.

2 PADDOCK CLOSE Sold Prices

Land registry data shows three sales for 2 PADDOCK CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Tandridge local authority area for the corresponding sale date. Two of the three 2 PADDOCK CLOSE sales were for below the average price, whilst one was for above 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
2022 30 SEP	£850,000	£953,715	11% below HPI
2018 22 FEB	£593,000	£789,028	25% below HPI
1997 29 SEP	£205,000	£203,846	1% above HPI

2 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 three 2 PADDOCK CLOSE sales between September 1997 and September 2022 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 February 2018 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the September 2022 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 2 PADDOCK CLOSE be worth now?

2 PADDOCK CLOSE might now be worth an estimated £781,107.

This is based on house price deflation of 8.1%, between September 2022 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 8.1% deflationary decrease is applied to the most recent sale price for 2 PADDOCK CLOSE of £850,000 on 30th September 2022. For the value to have decreased from £850,000 to £781,107 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of 2 PADDOCK CLOSE has moved in line with the HPI for detached houses in the Tandridge local authority area.
• The September 2022 sale price of £850,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PADDOCK CLOSE has not materially changed since September 2022.

How Large is 2 PADDOCK CLOSE?

2 PADDOCK CLOSE is 129m², which includes one extension, according to the EPC inspection conducted in September 2017. This puts it in the largest 50% 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 2 PADDOCK CLOSE lies on this distribution: 54% of detached houses houses are smaller than 2 PADDOCK CLOSE, and 46% of houses are larger. Note that EPC data is not available for all properties in Lingfield.

2 PADDOCK CLOSE: Plot and Title Map

2 PADDOCK CLOSE sits on a plot of roughly 0.099 of an acre, or 400m². The below map shows the location of 2 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 2 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 2 PADDOCK CLOSE?

2 PADDOCK CLOSE is located in LINGFIELD, in the RH7 postcode district. The below map shows the position of No. 2 on PADDOCK CLOSE.