BYWAYS, CHAPEL ROAD, SMALLFIELD, HORLEY, RH6 9JH - £500,000

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

BYWAYS is a midsized extended detached house of 104m², built sometime between 1930 and 1949. It was last sold for £500,000 in August 2019, which was around 36% below the average August 2019 detached price in the Tandridge local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was B.

BYWAYS Sold Prices

Land registry data shows three sales for BYWAYS 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 BYWAYS 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
2019 21 AUG	£500,000	£782,547	36% below HPI
2003 15 APR	£290,000	£394,411	26% below HPI
1998 4 SEP	£181,000	£231,755	22% below HPI

BYWAYS 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 BYWAYS sales between September 1998 and August 2019 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 2003 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the August 2019 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is BYWAYS?

BYWAYS is 104m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the smallest 50% of detached houses in Smallfield, based on EPC data. The below chart shows the distribution of detached houses by size in Smallfield, and where BYWAYS lies on this distribution: 41% of detached houses are smaller than BYWAYS, and 57% of houses are larger. Note that EPC data is not available for all properties in Smallfield.

BYWAYS: Plot and Title Map

BYWAYS sits on a plot of roughly 0.397 of an acre, or 1,606m². The below map shows the location of BYWAYS, 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 BYWAYS). 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 BYWAYS?

BYWAYS is located on CHAPEL ROAD in SMALLFIELD, in the RH6 postcode district. The below map shows the position of BYWAYS on CHAPEL ROAD.