Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
24 OLD SCHOOL PLACE is a very small detached house of 85m², built sometime between 1996 and 2002. It was last sold for £385,000 in March 2011, which was around 29% below the average March 2011 detached price in the Tandridge local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows five sales for 24 OLD SCHOOL PLACE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Tandridge local authority area for the corresponding sale date. All of the five 24 OLD SCHOOL PLACE 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 |
---|---|---|---|
2011 25 MAR | £385,000 | £544,940 | 29% below HPI |
2005 29 JUL | £314,950 | £437,311 | 28% below HPI |
2001 18 MAY | £224,500 | £320,459 | 30% below HPI |
1998 10 DEC | £153,000 | £224,846 | 32% below HPI |
1996 23 DEC | £128,500 | £170,316 | 25% below HPI |
The below graph shows the average detached house price in the Tandridge local authority area over time, sourced from the HPI. The five 24 OLD SCHOOL PLACE sales between December 1996 and March 2011 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 2005 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the March 2011 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.
24 OLD SCHOOL PLACE is 85m² according to the EPC inspection conducted in September 2010. This puts it in the smallest 10% of detached houses in Lingfield, based on EPC data. The below chart shows the distribution of detached houses by size in Lingfield, and where 24 OLD SCHOOL PLACE lies on this distribution: 6% of detached houses are smaller than 24 OLD SCHOOL PLACE, and 94% of houses are larger. Note that EPC data is not available for all properties in Lingfield.
24 OLD SCHOOL PLACE sits on a plot of roughly 0.085 of an acre, or 344m². The below map shows the location of 24 OLD SCHOOL PLACE, 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 24 OLD SCHOOL PLACE). 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.
24 OLD SCHOOL PLACE is located in LINGFIELD, in the RH7 postcode district. The below map shows the position of No. 24 on OLD SCHOOL PLACE.