HOMECROFT, CHURCH LANE, COULSDON, CR5 3RD - £750,000

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.

HOMECROFT is a large extended detached house of 148m², built sometime between 1900 and 1929, which could now be worth an estimated £856,261. It was last sold for £750,000 in December 2017, which was around 5% below the average December 2017 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was B.

HOMECROFT Sold Prices

Land registry data shows four sales for HOMECROFT 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 HOMECROFT 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
2017 15 DEC	£750,000	£787,102	5% below HPI
2012 3 AUG	£458,000	£542,112	16% below HPI
2010 11 FEB	£410,000	£494,689	17% below HPI
1998 12 NOV	£187,000	£223,032	16% below HPI

HOMECROFT 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 HOMECROFT sales between November 1998 and December 2017 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 August 2012 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the December 2017 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might HOMECROFT be worth now?

HOMECROFT might now be worth an estimated £856,261.

This is based on house price inflation of 14.2%, between December 2017 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 14.2% inflationary increase is applied to the most recent sale price for HOMECROFT of £750,000 on 15th December 2017. For the value to have increased from £750,000 to £856,261 over the eight years and ten months to February 2025, the following assumptions must hold true:

• The value of HOMECROFT has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The December 2017 sale price of £750,000 represented a fair market value for the property.
• The size, condition, and specification of HOMECROFT has not materially changed since December 2017.

How Large is HOMECROFT?

HOMECROFT is 148m², which includes two extensions, according to the EPC inspection conducted in July 2017. This puts it in the largest 30% of detached houses houses in Hooley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hooley, and where HOMECROFT lies on this distribution: 73% of detached houses houses are smaller than HOMECROFT, and 27% of houses are larger. Note that EPC data is not available for all properties in Hooley.

HOMECROFT: Plot and Title Map

HOMECROFT sits on a plot of roughly 0.157 of an acre, or 637m². The below map shows the location of HOMECROFT, 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 HOMECROFT). 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 HOMECROFT?

HOMECROFT is located on CHURCH LANE in COULSDON, in the CR5 postcode district. The below map shows the position of HOMECROFT on CHURCH LANE.