LOK LUM, DOMEWOOD, COPTHORNE, CRAWLEY, RH10 3HD - £1,225,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

LOK LUM is a very large detached house of 242m², built sometime between 1983 and 1990. It was last sold for £1,225,000 in September 2023, which was around 30% above the average September 2023 detached price in the Tandridge local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was C.

LOK LUM Sold Prices

Land registry data shows three sales for LOK LUM since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Tandridge local authority area for the corresponding sale date. All of the three LOK LUM 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
2023 20 SEP	£1,225,000	£940,786	30% above HPI
2003 12 MAY	£580,000	£406,218	43% above HPI
2000 16 NOV	£400,000	£312,078	28% above HPI

LOK LUM 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 three LOK LUM sales between November 2000 and September 2023 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 2003 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the September 2023 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is LOK LUM?

LOK LUM is 242m² according to the EPC inspection conducted in May 2023. This puts it in the largest 10% of detached houses in Domewood, based on EPC data. The below chart shows the distribution of detached houses by size in Domewood, and where LOK LUM lies on this distribution: 92% of detached houses are smaller than LOK LUM, and 8% of houses are larger. Note that EPC data is not available for all properties in Domewood.

LOK LUM: Plot and Title Map

LOK LUM sits on a plot of roughly 0.322 of an acre, or 1,304m². The below map shows the location of LOK LUM, 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 LOK LUM). 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 LOK LUM?

LOK LUM is located on DOMEWOOD in COPTHORNE, in the RH10 postcode district. The below map shows the position of LOK LUM on DOMEWOOD.