LILAC TIME, ORESTAN LANE, EFFINGHAM, LEATHERHEAD, KT24 5SN - £612,750

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.

LILAC TIME is a very small detached house of 85m², built sometime between 1983 and 1990, which could now be worth an estimated £659,247. It was last sold for £612,750 in September 2021, which was around 30% below the average September 2021 detached price in the Guildford local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was B.

LILAC TIME Sold Prices

Land registry data shows two sales for LILAC TIME since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Guildford local authority area for the corresponding sale date. Both of the two LILAC TIME 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
2021 16 SEP	£612,750	£871,947	30% below HPI
2007 5 APR	£310,900	£533,172	42% below HPI

LILAC TIME Price Paid vs. HPI Average

The below graph shows the average detached house price in the Guildford local authority area over time, sourced from the HPI. The two LILAC TIME sales from April 2007 and September 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 April 2007 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the September 2021 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might LILAC TIME be worth now?

LILAC TIME might now be worth an estimated £659,247.

This is based on house price inflation of 7.6%, between September 2021 and February 2025, for detached houses, in the Guildford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7.6% inflationary increase is applied to the most recent sale price for LILAC TIME of £612,750 on 16th September 2021. For the value to have increased from £612,750 to £659,247 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of LILAC TIME has moved in line with the HPI for detached houses in the Guildford local authority area.
• The September 2021 sale price of £612,750 represented a fair market value for the property.
• The size, condition, and specification of LILAC TIME has not materially changed since September 2021.

How Large is LILAC TIME?

LILAC TIME is 85m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 10% of detached houses houses in Effingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Effingham, and where LILAC TIME lies on this distribution: 7% of detached houses houses are smaller than LILAC TIME, and 93% of houses are larger. Note that EPC data is not available for all properties in Effingham.

LILAC TIME: Plot and Title Map

LILAC TIME sits on a plot of roughly 0.105 of an acre, or 423m². The below map shows the location of LILAC TIME, 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 LILAC TIME). 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 LILAC TIME?

LILAC TIME is located on ORESTAN LANE in EFFINGHAM, in the KT24 postcode district. The below map shows the position of LILAC TIME on ORESTAN LANE.