8, NEW PLACE GARDENS, LINGFIELD, RH7 6JD - £740,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 NEW PLACE GARDENS is a very large detached house of 187m², built sometime between 1996 and 2002, which could now be worth an estimated £848,758. It was last sold for £740,000 in August 2016, which was around 3% below the average August 2016 detached price in the Tandridge local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was B.

8 NEW PLACE GARDENS Sold Prices

Land registry data shows two sales for 8 NEW PLACE GARDENS 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. One of the two 8 NEW PLACE GARDENS sales was for below the average price, whilst the other was for above 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
2016 19 AUG	£740,000	£764,114	3% below HPI
1999 15 OCT	£310,000	£271,623	14% above HPI

8 NEW PLACE GARDENS 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 8 NEW PLACE GARDENS sales from October 1999 and August 2016 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 1999 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the August 2016 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 8 NEW PLACE GARDENS be worth now?

8 NEW PLACE GARDENS might now be worth an estimated £848,758.

This is based on house price inflation of 14.7%, between August 2016 and February 2025, for detached houses, in the Tandridge local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14.7% inflationary increase is applied to the most recent sale price for 8 NEW PLACE GARDENS of £740,000 on 19th August 2016. For the value to have increased from £740,000 to £848,758 over the nine years and six months to February 2025, the following assumptions must hold true:

• The value of 8 NEW PLACE GARDENS has moved in line with the HPI for detached houses in the Tandridge local authority area.
• The August 2016 sale price of £740,000 represented a fair market value for the property.
• The size, condition, and specification of 8 NEW PLACE GARDENS has not materially changed since August 2016.

How Large is 8 NEW PLACE GARDENS?

8 NEW PLACE GARDENS is 187m² according to the EPC inspection conducted in July 2016. This puts it in the largest 20% of detached houses houses in Lingfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lingfield, and where 8 NEW PLACE GARDENS lies on this distribution: 88% of detached houses houses are smaller than 8 NEW PLACE GARDENS, and 11% of houses are larger. Note that EPC data is not available for all properties in Lingfield.

8 NEW PLACE GARDENS: Plot and Title Map

8 NEW PLACE GARDENS sits on a plot of roughly 0.129 of an acre, or 523m². The below map shows the location of 8 NEW PLACE GARDENS, 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 8 NEW PLACE GARDENS). 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 8 NEW PLACE GARDENS?

8 NEW PLACE GARDENS is located in LINGFIELD, in the RH7 postcode district. The below map shows the position of No. 8 on NEW PLACE GARDENS.