HOLLYLODGE, WATTS LANE, TADWORTH, KT20 5RW - £495,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

HOLLYLODGE is a very small detached house of 90m², built sometime between 1996 and 2002, which could now be worth an estimated £619,045. It was last sold for £495,000 in September 2015, which was around 31% below the average September 2015 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was B.

HOLLYLODGE Sold Prices

Land registry data shows four sales for HOLLYLODGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. All of the four HOLLYLODGE 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
2015 9 SEP	£495,000	£718,553	31% below HPI
2013 31 MAY	£445,000	£548,741	19% below HPI
2004 26 MAY	£345,000	£413,382	17% below HPI
1999 22 JUL	£150,000	£233,856	36% below HPI

HOLLYLODGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Reigate and Banstead local authority area over time, sourced from the HPI. The four HOLLYLODGE sales between July 1999 and September 2015 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 May 2013 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the September 2015 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might HOLLYLODGE be worth now?

HOLLYLODGE might now be worth an estimated £619,045.

This is based on house price inflation of 25.1%, between September 2015 and February 2025, for detached houses, in the Reigate and Banstead local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 25.1% inflationary increase is applied to the most recent sale price for HOLLYLODGE of £495,000 on 9th September 2015. For the value to have increased from £495,000 to £619,045 over the ten years and seven months to February 2025, the following assumptions must hold true:

• The value of HOLLYLODGE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The September 2015 sale price of £495,000 represented a fair market value for the property.
• The size, condition, and specification of HOLLYLODGE has not materially changed since September 2015.

How Large is HOLLYLODGE?

HOLLYLODGE is 90m² according to the EPC inspection conducted in January 2013. This puts it in the smallest 10% of detached houses houses in Tadworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tadworth, and where HOLLYLODGE lies on this distribution: 7% of detached houses houses are smaller than HOLLYLODGE, and 92% of houses are larger. Note that EPC data is not available for all properties in Tadworth.

HOLLYLODGE: Plot and Title Map

HOLLYLODGE sits on a plot of roughly 0.104 of an acre, or 421m². The below map shows the location of HOLLYLODGE, 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 HOLLYLODGE). 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 HOLLYLODGE?

HOLLYLODGE is located on WATTS LANE in TADWORTH, in the KT20 postcode district. The below map shows the position of HOLLYLODGE on WATTS LANE.