COURTLANDS, DAYSEYS HILL, OUTWOOD, REDHILL, RH1 5QY - £820,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

COURTLANDS is a very small detached house of 123m², built sometime between 1967 and 1975. It was last sold for £820,000 in November 2021, which was around 10% below the average November 2021 detached price in the Tandridge local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was C.

COURTLANDS Sold Prices

Land registry data shows three sales for COURTLANDS 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 COURTLANDS 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
2021 2 NOV	£820,000	£906,947	10% below HPI
2005 14 OCT	£440,000	£447,018	2% below HPI
2004 15 MAR	£375,000	£428,061	12% below HPI

COURTLANDS 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 COURTLANDS sales between March 2004 and November 2021 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 2005 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the November 2021 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is COURTLANDS?

COURTLANDS is 123m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 20% of detached houses in Outwood, based on EPC data. The below chart shows the distribution of detached houses by size in Outwood, and where COURTLANDS lies on this distribution: 12% of detached houses are smaller than COURTLANDS, and 88% of houses are larger. Note that EPC data is not available for all properties in Outwood.

COURTLANDS: Plot and Title Map

COURTLANDS sits on a plot of roughly 0.379 of an acre, or 1,533m². The below map shows the location of COURTLANDS, 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 COURTLANDS). 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 COURTLANDS?

COURTLANDS is located on DAYSEYS HILL in OUTWOOD, in the RH1 postcode district. The below map shows the position of COURTLANDS on DAYSEYS HILL.