48, THE CRAVENS, SMALLFIELD, HORLEY, RH6 9QT - £325,000

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

48 THE CRAVENS is a very small detached house of 64m², built sometime between 1950 and 1966. It was last sold for £325,000 in March 2015, which was around 50% below the average March 2015 detached price in the Tandridge local authority area. The most recent EPC inspection was December 2014, where the current energy rating was D, and the potential energy rating was B.

48 THE CRAVENS Sold Prices

Land registry data shows three sales for 48 THE CRAVENS 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 48 THE CRAVENS 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
2015 17 MAR	£325,000	£649,090	50% below HPI
2002 21 MAR	£158,000	£359,852	56% below HPI
2000 24 OCT	£152,250	£318,820	52% below HPI

48 THE CRAVENS 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 48 THE CRAVENS sales between October 2000 and March 2015 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 March 2002 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the March 2015 sale, where it rises to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is 48 THE CRAVENS?

48 THE CRAVENS is 64m² according to the EPC inspection conducted in December 2014. This puts it in the smallest 10% of detached houses in Smallfield, based on EPC data. The below chart shows the distribution of detached houses by size in Smallfield, and where 48 THE CRAVENS lies on this distribution: 8% of detached houses are smaller than 48 THE CRAVENS, and 92% of houses are larger. Note that EPC data is not available for all properties in Smallfield.

48 THE CRAVENS: Plot and Title Map

48 THE CRAVENS sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 48 THE CRAVENS, 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 48 THE CRAVENS). 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 48 THE CRAVENS?

48 THE CRAVENS is located in SMALLFIELD, in the RH6 postcode district. The below map shows the position of No. 48 on THE CRAVENS.