41, PADDOCK WAY, OXTED, RH8 0LG - £725,000

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

41 PADDOCK WAY is a small extended detached house of 127m², built sometime between 1950 and 1966. It was last sold for £725,000 in September 2020, which was around 12% below the average September 2020 detached price in the Tandridge local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

41 PADDOCK WAY Sold Prices

Land registry data shows two sales for 41 PADDOCK WAY 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 41 PADDOCK WAY 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 30 SEP	£725,000	£819,301	12% below HPI
2002 12 JUL	£245,000	£384,857	36% below HPI

41 PADDOCK WAY 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 41 PADDOCK WAY sales from July 2002 and September 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 2002 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the September 2020 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 41 PADDOCK WAY?

41 PADDOCK WAY is 127m², which includes two extensions, according to the EPC inspection conducted in July 2020. This puts it in the smallest 30% of detached houses in Oxted, based on EPC data. The below chart shows the distribution of detached houses by size in Oxted, and where 41 PADDOCK WAY lies on this distribution: 29% of detached houses are smaller than 41 PADDOCK WAY, and 71% of houses are larger. Note that EPC data is not available for all properties in Oxted.

41 PADDOCK WAY: Plot and Title Map

41 PADDOCK WAY sits on a plot of roughly 0.289 of an acre, or 1,168m². The below map shows the location of 41 PADDOCK WAY, 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 41 PADDOCK WAY). 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 41 PADDOCK WAY?

41 PADDOCK WAY is located in OXTED, in the RH8 postcode district. The below map shows the position of No. 41 on PADDOCK WAY.