CHERRY LODGE, OUTWOOD LANE, BLETCHINGLEY, REDHILL, RH1 4LR - £1,170,000

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.

CHERRY LODGE is a very large extended detached house of 219m², built sometime between 1983 and 1990, which could now be worth an estimated £1,079,959. It was last sold for £1,170,000 in April 2022, which was around 23% above the average April 2022 detached price in the Tandridge local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was C.

CHERRY LODGE Sold Prices

Land registry data shows two sales for CHERRY LODGE 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. Both of the two CHERRY LODGE sales were 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
2022 11 APR	£1,170,000	£949,487	23% above HPI
1998 16 APR	£344,900	£219,102	57% above HPI

CHERRY LODGE 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 CHERRY LODGE sales from April 1998 and April 2022 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 1998 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the April 2022 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might CHERRY LODGE be worth now?

CHERRY LODGE might now be worth an estimated £1,079,959.

This is based on house price deflation of 7.7%, between April 2022 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 7.7% deflationary decrease is applied to the most recent sale price for CHERRY LODGE of £1,170,000 on 11th April 2022. For the value to have decreased from £1,170,000 to £1,079,959 over the three years and two months to February 2025, the following assumptions must hold true:

• The value of CHERRY LODGE has moved in line with the HPI for detached houses in the Tandridge local authority area.
• The April 2022 sale price of £1,170,000 represented a fair market value for the property.
• The size, condition, and specification of CHERRY LODGE has not materially changed since April 2022.

How Large is CHERRY LODGE?

CHERRY LODGE is 219m², which includes one extension, according to the EPC inspection conducted in June 2021. This puts it in the largest 20% of detached houses houses in Bletchingley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bletchingley, and where CHERRY LODGE lies on this distribution: 85% of detached houses houses are smaller than CHERRY LODGE, and 14% of houses are larger. Note that EPC data is not available for all properties in Bletchingley.

CHERRY LODGE: Plot and Title Map

CHERRY LODGE sits on a plot of roughly 0.256 of an acre, or 1,038m². The below map shows the location of CHERRY LODGE, 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 CHERRY LODGE). 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 CHERRY LODGE?

CHERRY LODGE is located on OUTWOOD LANE in BLETCHINGLEY, in the RH1 postcode district. The below map shows the position of CHERRY LODGE on OUTWOOD LANE.