FRANKLIN, RICKETTS HILL ROAD, TATSFIELD, WESTERHAM, TN16 2NB - £1,200,000

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

FRANKLIN is a very large extended detached house of 268m², built sometime between 1983 and 1990. It was last sold for £1,200,000 in February 2021, which was around 46% above the average February 2021 detached price in the Tandridge local authority area. The most recent EPC inspection was June 2018, where the current energy rating was C, and the potential energy rating was B.

FRANKLIN Sold Prices

Land registry data shows two sales for FRANKLIN 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 FRANKLIN 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
2021 16 FEB	£1,200,000	£820,904	46% above HPI
2015 27 MAR	£888,000	£649,090	37% above HPI

FRANKLIN 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 FRANKLIN sales from March 2015 and February 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 March 2015 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the February 2021 sale, where it rises to 46% above the HPI. The line then continues to track at 46% above the HPI.

How Large is FRANKLIN?

FRANKLIN is 268m², which includes one extension, according to the EPC inspection conducted in June 2018. This puts it in the largest 10% of detached houses in Tatsfield, based on EPC data. The below chart shows the distribution of detached houses by size in Tatsfield, and where FRANKLIN lies on this distribution: 94% of detached houses are smaller than FRANKLIN, and 6% of houses are larger. Note that EPC data is not available for all properties in Tatsfield.

FRANKLIN: Plot and Title Map

FRANKLIN sits on a plot of roughly 0.564 of an acre, or 2,282m². The below map shows the location of FRANKLIN, 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 FRANKLIN). 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 FRANKLIN?

FRANKLIN is located on RICKETTS HILL ROAD in TATSFIELD, in the TN16 postcode district. The below map shows the position of FRANKLIN on RICKETTS HILL ROAD.