OAKLANDS, THE AVENUE, SOUTH NUTFIELD, REDHILL, RH1 5RY - £1,100,000

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

OAKLANDS is a very large extended detached house of 202m², built sometime between 1996 and 2002. It was last sold for £1,100,000 in May 2018, which was around 39% above the average May 2018 detached price in the Tandridge local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was C.

OAKLANDS Sold Prices

Land registry data shows three sales for OAKLANDS 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 OAKLANDS 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
2018 25 MAY	£1,100,000	£793,158	39% above HPI
2015 27 FEB	£999,999	£638,391	57% above HPI
1998 6 NOV	£399,950	£231,704	73% above HPI

OAKLANDS 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 OAKLANDS sales between November 1998 and May 2018 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 February 2015 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the May 2018 sale, where it falls to 39% above the HPI. The line then continues to track at 39% above the HPI.

How Large is OAKLANDS?

OAKLANDS is 202m², which includes one extension, according to the EPC inspection conducted in January 2014. This puts it in the largest 20% of detached houses in South Nutfield, based on EPC data. The below chart shows the distribution of detached houses by size in South Nutfield, and where OAKLANDS lies on this distribution: 80% of detached houses are smaller than OAKLANDS, and 20% of houses are larger. Note that EPC data is not available for all properties in South Nutfield.

OAKLANDS: Plot and Title Map

OAKLANDS sits on a plot of roughly 0.371 of an acre, or 1,500m². The below map shows the location of OAKLANDS, 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 OAKLANDS). 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 OAKLANDS?

OAKLANDS is located on THE AVENUE in SOUTH NUTFIELD, in the RH1 postcode district. The below map shows the position of OAKLANDS on THE AVENUE.