FIR BANK, HOLLOW LANE, DORMANSLAND, LINGFIELD, RH7 6NU - £712,500

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

FIR BANK is a very large extended detached house of 169m², built sometime between 1950 and 1966. It was last sold for £712,500 in October 2020, which was around 12% below the average October 2020 detached price in the Tandridge local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was C.

FIR BANK Sold Prices

Land registry data shows two sales for FIR BANK 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 FIR BANK 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
2020 9 OCT	£712,500	£813,955	12% below HPI
2016 7 JAN	£500,000	£721,259	31% below HPI

FIR BANK 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 FIR BANK sales from January 2016 and October 2020 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 January 2016 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the October 2020 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is FIR BANK?

FIR BANK is 169m², which includes three extensions, according to the EPC inspection conducted in September 2014. This puts it in the largest 20% of detached houses in Dormansland, based on EPC data. The below chart shows the distribution of detached houses by size in Dormansland, and where FIR BANK lies on this distribution: 82% of detached houses are smaller than FIR BANK, and 18% of houses are larger. Note that EPC data is not available for all properties in Dormansland.

FIR BANK: Plot and Title Map

FIR BANK sits on a plot of roughly 0.198 of an acre, or 802m². The below map shows the location of FIR BANK, 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 FIR BANK). 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 FIR BANK?

FIR BANK is located on HOLLOW LANE in DORMANSLAND, in the RH7 postcode district. The below map shows the position of FIR BANK on HOLLOW LANE.