32, PARK ROAD, SMALLFIELD, HORLEY, RH6 9RZ - £445,000

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.

32 PARK ROAD is a small detached house of 90m², built sometime between 1950 and 1966, which could now be worth an estimated £469,424. It was last sold for £445,000 in October 2020, which was around 46% below the average October 2020 detached price in the Tandridge local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was C.

32 PARK ROAD Sold Prices

Land registry data shows two sales for 32 PARK ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Tandridge local authority area for the corresponding sale date. Both of the two 32 PARK ROAD 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
2020 9 OCT	£445,000	£830,816	46% below HPI
2006 14 JUL	£234,950	£482,702	51% below HPI

32 PARK ROAD 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 two 32 PARK ROAD sales from July 2006 and October 2020 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 2006 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the October 2020 sale, where it rises to 46% below the HPI. The line then continues to track at 46% below the HPI.

What might 32 PARK ROAD be worth now?

32 PARK ROAD might now be worth an estimated £469,424.

This is based on house price inflation of 5.5%, between October 2020 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 5.5% inflationary increase is applied to the most recent sale price for 32 PARK ROAD of £445,000 on 9th October 2020. For the value to have increased from £445,000 to £469,424 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 32 PARK ROAD has moved in line with the HPI for detached houses in the Tandridge local authority area.
• The October 2020 sale price of £445,000 represented a fair market value for the property.
• The size, condition, and specification of 32 PARK ROAD has not materially changed since October 2020.

How Large is 32 PARK ROAD?

32 PARK ROAD is 90m² according to the EPC inspection conducted in July 2010. This puts it in the smallest 30% of detached houses houses in Smallfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Smallfield, and where 32 PARK ROAD lies on this distribution: 26% of detached houses houses are smaller than 32 PARK ROAD, and 74% of houses are larger. Note that EPC data is not available for all properties in Smallfield.

32 PARK ROAD: Plot and Title Map

32 PARK ROAD sits on a plot of roughly 0.187 of an acre, or 755m². The below map shows the location of 32 PARK ROAD, 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 32 PARK ROAD). 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 32 PARK ROAD?

32 PARK ROAD is located in SMALLFIELD, in the RH6 postcode district. The below map shows the position of No. 32 on PARK ROAD.