3, BAKERS CLOSE, LINGFIELD, RH7 6HF - £550,000

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.

3 BAKERS CLOSE is a small detached house of 113m², built sometime between 1950 and 1966, which could now be worth an estimated £588,958. It was last sold for £550,000 in June 2018, which was around 33% below the average June 2018 detached price in the Tandridge local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.

3 BAKERS CLOSE Sold Prices

Land registry data shows three sales for 3 BAKERS 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. All of the three 3 BAKERS CLOSE 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
2018 1 JUN	£550,000	£818,444	33% below HPI
2016 29 APR	£505,000	£755,943	33% below HPI
2005 18 MAR	£300,000	£452,744	34% below HPI

3 BAKERS 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 3 BAKERS CLOSE sales between March 2005 and June 2018 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 April 2016 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the June 2018 sale, which was also at 33% below the HPI.

What might 3 BAKERS CLOSE be worth now?

3 BAKERS CLOSE might now be worth an estimated £588,958.

This is based on house price inflation of 7.1%, between June 2018 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 7.1% inflationary increase is applied to the most recent sale price for 3 BAKERS CLOSE of £550,000 on 1st June 2018. For the value to have increased from £550,000 to £588,958 over the seven years and four months to February 2025, the following assumptions must hold true:

• The value of 3 BAKERS CLOSE has moved in line with the HPI for detached houses in the Tandridge local authority area.
• The June 2018 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of 3 BAKERS CLOSE has not materially changed since June 2018.

How Large is 3 BAKERS CLOSE?

3 BAKERS CLOSE is 113m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 30% 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 3 BAKERS CLOSE lies on this distribution: 30% of detached houses houses are smaller than 3 BAKERS CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Lingfield.

3 BAKERS CLOSE: Plot and Title Map

3 BAKERS CLOSE sits on a plot of roughly 0.115 of an acre, or 466m². The below map shows the location of 3 BAKERS 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 3 BAKERS 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 3 BAKERS CLOSE?

3 BAKERS CLOSE is located in LINGFIELD, in the RH7 postcode district. The below map shows the position of No. 3 on BAKERS CLOSE.