50, CANONS LANE, BURGH HEATH, TADWORTH, KT20 6DP - £450,000

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

50 CANONS LANE is a very small semi-detached house of 73m², built sometime between 1950 and 1966. It was last sold for £450,000 in September 2018, which was around 42% below the average September 2018 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was June 2018, where the current energy rating was C, and the potential energy rating was B.

50 CANONS LANE Sold Prices

Land registry data shows four sales for 50 CANONS LANE since 1^st 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 50 CANONS LANE 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 6 SEP	£450,000	£776,501	42% below HPI
2014 19 SEP	£358,000	£628,678	43% below HPI
2007 24 SEP	£290,000	£508,290	43% below HPI
1999 4 JUN	£125,000	£215,767	42% below HPI

50 CANONS LANE 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 four 50 CANONS LANE sales between June 1999 and September 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 September 2014 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the September 2018 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 50 CANONS LANE?

50 CANONS LANE is 73m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 10% of detached houses in Burgh Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Burgh Heath, and where 50 CANONS LANE lies on this distribution: 2% of detached houses are smaller than 50 CANONS LANE, and 98% of houses are larger. Note that EPC data is not available for all properties in Burgh Heath.

50 CANONS LANE: Plot and Title Map

50 CANONS LANE sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 50 CANONS LANE, 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 50 CANONS LANE). 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 50 CANONS LANE?

50 CANONS LANE is located in BURGH HEATH, in the KT20 postcode district. The below map shows the position of No. 50 on CANONS LANE.