3, CORNER FARM CLOSE, TADWORTH, KT20 5SJ - £577,000

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 CORNER FARM CLOSE is a very small detached house of 78m², built sometime between 1996 and 2002, which could now be worth an estimated £627,041. It was last sold for £577,000 in February 2021, which was around 30% below the average February 2021 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

3 CORNER FARM CLOSE Sold Prices

Land registry data shows three sales for 3 CORNER FARM 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 Reigate and Banstead local authority area for the corresponding sale date. All of the three 3 CORNER FARM 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
2021 23 FEB	£577,000	£826,905	30% below HPI
2001 2 AUG	£225,000	£327,965	31% below HPI
1998 30 APR	£159,950	£203,859	22% below HPI

3 CORNER FARM CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Reigate and Banstead local authority area over time, sourced from the HPI. The three 3 CORNER FARM CLOSE sales between April 1998 and February 2021 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 August 2001 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the February 2021 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 3 CORNER FARM CLOSE be worth now?

3 CORNER FARM CLOSE might now be worth an estimated £627,041.

This is based on house price inflation of 8.7%, between February 2021 and February 2025, for detached houses, in the Reigate and Banstead local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 8.7% inflationary increase is applied to the most recent sale price for 3 CORNER FARM CLOSE of £577,000 on 23rd February 2021. For the value to have increased from £577,000 to £627,041 over the four years to February 2025, the following assumptions must hold true:

• The value of 3 CORNER FARM CLOSE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The February 2021 sale price of £577,000 represented a fair market value for the property.
• The size, condition, and specification of 3 CORNER FARM CLOSE has not materially changed since February 2021.

How Large is 3 CORNER FARM CLOSE?

3 CORNER FARM CLOSE is 78m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 10% of detached houses houses in Tadworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tadworth, and where 3 CORNER FARM CLOSE lies on this distribution: 1% of detached houses houses are smaller than 3 CORNER FARM CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Tadworth.

3 CORNER FARM CLOSE: Plot and Title Map

3 CORNER FARM CLOSE sits on a plot of roughly 0.046 of an acre, or 186m². The below map shows the location of 3 CORNER FARM 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 CORNER FARM 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 CORNER FARM CLOSE?

3 CORNER FARM CLOSE is located in TADWORTH, in the KT20 postcode district. The below map shows the position of No. 3 on CORNER FARM CLOSE.