LAKE HOUSE, LAKE VIEW, DORMANS PARK, EAST GRINSTEAD, RH19 2LR - £1,800,000

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.

LAKE HOUSE is a very large extended detached house of 420m², built sometime before 1900, which could now be worth an estimated £1,972,367. It was last sold for £1,800,000 in August 2017, which was around 125% above the average August 2017 detached price in the Tandridge local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was C.

LAKE HOUSE Sold Prices

Land registry data shows two sales for LAKE HOUSE 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 LAKE HOUSE 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
2017 21 AUG	£1,800,000	£799,825	125% above HPI
2007 20 MAR	£940,000	£509,239	85% above HPI

LAKE HOUSE 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 LAKE HOUSE sales from March 2007 and August 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 March 2007 sale was for 85% above the HPI. So the extrapolation line tracks at 85% above the HPI over time, until the August 2017 sale, where it rises to 125% above the HPI. The line then continues to track at 125% above the HPI.

What might LAKE HOUSE be worth now?

LAKE HOUSE might now be worth an estimated £1,972,367.

This is based on house price inflation of 9.6%, between August 2017 and February 2025, for detached houses, in the Tandridge local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 9.6% inflationary increase is applied to the most recent sale price for LAKE HOUSE of £1,800,000 on 21st August 2017. For the value to have increased from £1,800,000 to £1,972,367 over the eight years and six months to February 2025, the following assumptions must hold true:

• The value of LAKE HOUSE has moved in line with the HPI for detached houses in the Tandridge local authority area.
• The August 2017 sale price of £1,800,000 represented a fair market value for the property.
• The size, condition, and specification of LAKE HOUSE has not materially changed since August 2017.

How Large is LAKE HOUSE?

LAKE HOUSE is 420m², which includes four extensions, according to the EPC inspection conducted in September 2016. This puts it in the largest 20% of detached houses houses in Dormans Park, based on EPC data. The below chart shows the distribution of detached houses houses by size in Dormans Park, and where LAKE HOUSE lies on this distribution: 82% of detached houses houses are smaller than LAKE HOUSE, and 18% of houses are larger. Note that EPC data is not available for all properties in Dormans Park.

LAKE HOUSE: Plot and Title Map

LAKE HOUSE sits on a plot of roughly 2.3 acres, or 9,429m². The below map shows the location of LAKE HOUSE, 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 LAKE HOUSE). 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 LAKE HOUSE?

LAKE HOUSE is located on LAKE VIEW in DORMANS PARK, in the RH19 postcode district. The below map shows the position of LAKE HOUSE on LAKE VIEW.