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
8 THE RISE is a very small detached house of 83m², built sometime between 1983 and 1990. It was last sold for £360,000 in October 2010, which was around 28% below the average October 2010 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was April 2024, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 8 THE RISE 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. All of the three 8 THE RISE 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 |
---|---|---|---|
2010 29 OCT | £360,000 | £497,128 | 28% below HPI |
2007 29 MAR | £372,000 | £462,538 | 20% below HPI |
1996 28 NOV | £137,500 | £155,028 | 11% below 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 8 THE RISE sales between November 1996 and October 2010 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 2007 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the October 2010 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.
8 THE RISE is 83m² according to the EPC inspection conducted in April 2024. This puts it in the smallest 10% of detached houses in Tadworth, based on EPC data. The below chart shows the distribution of detached houses by size in Tadworth, and where 8 THE RISE lies on this distribution: 3% of detached houses are smaller than 8 THE RISE, and 96% of houses are larger. Note that EPC data is not available for all properties in Tadworth.
8 THE RISE sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 8 THE RISE, 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 THE RISE). 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.
8 THE RISE is located in TADWORTH, in the KT20 postcode district. The below map shows the position of No. 8 on THE RISE.