HEATHER BANK, NEWCHAPEL ROAD, LINGFIELD, RH7 6BJ - £740,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

HEATHER BANK is a very large detached house of 178m², built sometime between 1996 and 2002. It was last sold for £740,000 in February 2014, which was around 25% above the average February 2014 detached price in the Tandridge local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.

HEATHER BANK Sold Prices

Land registry data shows four sales for HEATHER BANK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Tandridge local authority area for the corresponding sale date. Most of the four HEATHER BANK 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
2014 28 FEB	£740,000	£591,204	25% above HPI
2006 27 SEP	£600,000	£483,045	24% above HPI
2000 5 JUN	£415,000	£300,989	38% above HPI
1999 27 AUG	£160,000	£258,063	38% below HPI

HEATHER 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 four HEATHER BANK sales between August 1999 and February 2014 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 September 2006 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the February 2014 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is HEATHER BANK?

HEATHER BANK is 178m² according to the EPC inspection conducted in May 2012. This puts it in the largest 20% of detached houses in Lingfield, based on EPC data. The below chart shows the distribution of detached houses by size in Lingfield, and where HEATHER BANK lies on this distribution: 82% of detached houses are smaller than HEATHER BANK, and 17% of houses are larger. Note that EPC data is not available for all properties in Lingfield.

HEATHER BANK: Plot and Title Map

HEATHER BANK sits on a plot of roughly 0.848 of an acre, or 3,432m². The below map shows the location of HEATHER 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 HEATHER 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 HEATHER BANK?

HEATHER BANK is located on NEWCHAPEL ROAD in LINGFIELD, in the RH7 postcode district. The below map shows the position of HEATHER BANK on NEWCHAPEL ROAD.