DOWNSVIEW, GODSTONE ROAD, BLETCHINGLEY, REDHILL, RH1 4PL - £520,000

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

DOWNSVIEW is a very small detached house of 75m², built sometime between 1930 and 1949. It was last sold for £520,000 in July 2019, which was around 32% below the average July 2019 detached price in the Tandridge local authority area. The most recent EPC inspection was October 2015, where the current energy rating was E, and the potential energy rating was B.

DOWNSVIEW Sold Prices

Land registry data shows five sales for DOWNSVIEW since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Tandridge local authority area for the corresponding sale date. All of the five DOWNSVIEW 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 18 JUL	£520,000	£764,742	32% below HPI
2005 10 MAR	£337,500	£443,556	24% below HPI
2004 29 JUL	£337,000	£446,283	24% below HPI
1995 29 SEP	£109,000	£161,638	33% below HPI
1995 4 JAN	£81,500	£160,891	49% below HPI

DOWNSVIEW 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 five DOWNSVIEW sales between January 1995 and July 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 March 2005 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the July 2019 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is DOWNSVIEW?

DOWNSVIEW is 75m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 10% of detached houses in Bletchingley, based on EPC data. The below chart shows the distribution of detached houses by size in Bletchingley, and where DOWNSVIEW lies on this distribution: 6% of detached houses are smaller than DOWNSVIEW, and 94% of houses are larger. Note that EPC data is not available for all properties in Bletchingley.

DOWNSVIEW: Plot and Title Map

DOWNSVIEW sits on a plot of roughly 0.157 of an acre, or 635m². The below map shows the location of DOWNSVIEW, 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 DOWNSVIEW). 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 DOWNSVIEW?

DOWNSVIEW is located on GODSTONE ROAD in BLETCHINGLEY, in the RH1 postcode district. The below map shows the position of DOWNSVIEW on GODSTONE ROAD.