27B, THE CRAVENS, SMALLFIELD, HORLEY, RH6 9QS - £440,000

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

27B THE CRAVENS is a very small detached house of 68m², built sometime between 1976 and 1982. It was last sold for £440,000 in July 2024, which was around 52% below the average July 2024 detached price in the Tandridge local authority area. The most recent EPC inspection was November 2016, where the current energy rating was C, and the potential energy rating was B.

27B THE CRAVENS Sold Prices

Land registry data shows three sales for 27B THE CRAVENS 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. All of the three 27B THE CRAVENS 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
2024 2 JUL	£440,000	£912,796	52% below HPI
2017 31 MAR	£375,000	£753,908	50% below HPI
2012 8 AUG	£270,000	£537,779	50% below HPI

27B THE CRAVENS 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 27B THE CRAVENS sales between August 2012 and July 2024 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 March 2017 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the July 2024 sale, where it falls to 52% below the HPI. The line then continues to track at 52% below the HPI.

How Large is 27B THE CRAVENS?

27B THE CRAVENS is 68m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 20% of detached houses in Smallfield, based on EPC data. The below chart shows the distribution of detached houses by size in Smallfield, and where 27B THE CRAVENS lies on this distribution: 10% of detached houses are smaller than 27B THE CRAVENS, and 90% of houses are larger. Note that EPC data is not available for all properties in Smallfield.

27B THE CRAVENS: Plot and Title Map

27B THE CRAVENS sits on a plot of roughly 0.090 of an acre, or 363m². The below map shows the location of 27B THE CRAVENS, 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 27B THE CRAVENS). 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 27B THE CRAVENS?

27B THE CRAVENS is located in SMALLFIELD, in the RH6 postcode district. The below map shows the position of No. 27B on THE CRAVENS.