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
39 JOSEPHINE AVENUE is a very large extended detached house of 242m², built sometime between 1930 and 1949. It was last sold for £440,000 in April 2018, which was around 40% below the average April 2018 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was May 2022, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows four sales for 39 JOSEPHINE AVENUE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. All of the four 39 JOSEPHINE AVENUE 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 19 APR | £440,000 | £736,646 | 40% below HPI |
2014 20 OCT | £549,950 | £644,176 | 15% below HPI |
1998 31 JUL | £178,000 | £204,770 | 13% below HPI |
1997 27 MAR | £144,750 | £161,296 | 10% below HPI |
The below graph shows the average detached house price in the Reigate and Banstead local authority area over time, sourced from the HPI. The four 39 JOSEPHINE AVENUE sales between March 1997 and April 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 October 2014 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the April 2018 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.
39 JOSEPHINE AVENUE is 242m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the largest 10% of detached houses in Lower Kingswood, based on EPC data. The below chart shows the distribution of detached houses by size in Lower Kingswood, and where 39 JOSEPHINE AVENUE lies on this distribution: 95% of detached houses are smaller than 39 JOSEPHINE AVENUE, and 5% of houses are larger. Note that EPC data is not available for all properties in Lower Kingswood.
39 JOSEPHINE AVENUE sits on a plot of roughly 0.184 of an acre, or 743m². The below map shows the location of 39 JOSEPHINE AVENUE, 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 39 JOSEPHINE AVENUE). 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.
39 JOSEPHINE AVENUE is located in LOWER KINGSWOOD, in the KT20 postcode district. The below map shows the position of No. 39 on JOSEPHINE AVENUE.