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
23 RED LANE is a small extended detached house of 149m², built sometime between 1930 and 1949. It was last sold for £485,000 in June 2004, which was around 18% below the average June 2004 detached price in the Elmbridge local authority area. The most recent EPC inspection was August 2013, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows two sales for 23 RED LANE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Elmbridge local authority area for the corresponding sale date. Both of the two 23 RED LANE 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 |
---|---|---|---|
2004 11 JUN | £485,000 | £588,683 | 18% below HPI |
1996 21 NOV | £190,000 | £243,239 | 22% below HPI |
The below graph shows the average detached house price in the Elmbridge local authority area over time, sourced from the HPI. The two 23 RED LANE sales from November 1996 and June 2004 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 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the June 2004 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.
23 RED LANE is 149m², which includes three extensions, according to the EPC inspection conducted in August 2013. This puts it in the smallest 40% of detached houses in Claygate, based on EPC data. The below chart shows the distribution of detached houses by size in Claygate, and where 23 RED LANE lies on this distribution: 40% of detached houses are smaller than 23 RED LANE, and 60% of houses are larger. Note that EPC data is not available for all properties in Claygate.
23 RED LANE sits on a plot of roughly 0.129 of an acre, or 521m². The below map shows the location of 23 RED LANE, 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 23 RED LANE). 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.
23 RED LANE is located in CLAYGATE, in the KT10 postcode district. The below map shows the position of No. 23 on RED LANE.