MILLRAY, SLINES OAK ROAD, WOLDINGHAM, CATERHAM, CR3 7HL - £1,200,000

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.

MILLRAY is a large extended detached house of 302m², built sometime between 1967 and 1975, which could now be worth an estimated £1,314,912. It was last sold for £1,200,000 in August 2017, which was around 50% above the average August 2017 detached price in the Tandridge local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was C.

MILLRAY Sold Prices

Land registry data shows two sales for MILLRAY 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 MILLRAY 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 4 AUG	£1,200,000	£799,825	50% above HPI
2007 13 JUL	£705,000	£524,109	35% above HPI

MILLRAY 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 MILLRAY sales from July 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 July 2007 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the August 2017 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.

What might MILLRAY be worth now?

MILLRAY might now be worth an estimated £1,314,912.

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 MILLRAY of £1,200,000 on 4th August 2017. For the value to have increased from £1,200,000 to £1,314,912 over the eight years and six months to February 2025, the following assumptions must hold true:

• The value of MILLRAY has moved in line with the HPI for detached houses in the Tandridge local authority area.
• The August 2017 sale price of £1,200,000 represented a fair market value for the property.
• The size, condition, and specification of MILLRAY has not materially changed since August 2017.

How Large is MILLRAY?

MILLRAY is 302m², which includes two extensions, according to the EPC inspection conducted in February 2013. This puts it in the largest 40% of detached houses houses in Woldingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Woldingham, and where MILLRAY lies on this distribution: 67% of detached houses houses are smaller than MILLRAY, and 33% of houses are larger. Note that EPC data is not available for all properties in Woldingham.

MILLRAY: Plot and Title Map

MILLRAY sits on a plot of roughly 0.557 of an acre, or 2,256m². The below map shows the location of MILLRAY, 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 MILLRAY). 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 MILLRAY?

MILLRAY is located on SLINES OAK ROAD in WOLDINGHAM, in the CR3 postcode district. The below map shows the position of MILLRAY on SLINES OAK ROAD.