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
7 THE LYE is a midsized detached house of 166m², built sometime between 1983 and 1990. It was last sold for £945,000 in April 2024, which was around 9% above the average April 2024 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 7 THE LYE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. The three 7 THE LYE sales were a mix of above the average price, and roughly equal to 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 |
---|---|---|---|
2024 19 APR | £945,000 | £870,705 | 9% above HPI |
2021 30 APR | £777,000 | £777,343 | Close to HPI |
1997 21 FEB | £230,000 | £160,169 | 44% above 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 three 7 THE LYE sales between February 1997 and April 2024 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 April 2021 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the April 2024 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.
7 THE LYE is 166m² according to the EPC inspection conducted in October 2020. This puts it in the largest 50% of detached houses in Tadworth, based on EPC data. The below chart shows the distribution of detached houses by size in Tadworth, and where 7 THE LYE lies on this distribution: 58% of detached houses are smaller than 7 THE LYE, and 42% of houses are larger. Note that EPC data is not available for all properties in Tadworth.
7 THE LYE sits on a plot of roughly 0.148 of an acre, or 598m². The below map shows the location of 7 THE LYE, 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 7 THE LYE). 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.
7 THE LYE is located in TADWORTH, in the KT20 postcode district. The below map shows the position of No. 7 on THE LYE.