PARK WOOD LODGE, RAG HILL ROAD, TATSFIELD, WESTERHAM, TN16 2LS - £1,275,000

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.

PARK WOOD LODGE is a very large detached house of 312m², built sometime between 1983 and 1990, which could now be worth an estimated £1,420,836. It was last sold for £1,275,000 in May 2017, which was around 62% above the average May 2017 detached price in the Tandridge local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was C.

PARK WOOD LODGE Sold Prices

Land registry data shows two sales for PARK WOOD LODGE 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 PARK WOOD LODGE 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 12 MAY	£1,275,000	£786,460	62% above HPI
2015 8 JAN	£1,323,999	£656,524	102% above HPI

PARK WOOD LODGE 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 PARK WOOD LODGE sales from January 2015 and May 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 January 2015 sale was for 102% above the HPI. So the extrapolation line tracks at 102% above the HPI over time, until the May 2017 sale, where it falls to 62% above the HPI. The line then continues to track at 62% above the HPI.

What might PARK WOOD LODGE be worth now?

PARK WOOD LODGE might now be worth an estimated £1,420,836.

This is based on house price inflation of 11.4%, between May 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 11.4% inflationary increase is applied to the most recent sale price for PARK WOOD LODGE of £1,275,000 on 12th May 2017. For the value to have increased from £1,275,000 to £1,420,836 over the eight years and three months to February 2025, the following assumptions must hold true:

• The value of PARK WOOD LODGE has moved in line with the HPI for detached houses in the Tandridge local authority area.
• The May 2017 sale price of £1,275,000 represented a fair market value for the property.
• The size, condition, and specification of PARK WOOD LODGE has not materially changed since May 2017.

How Large is PARK WOOD LODGE?

PARK WOOD LODGE is 312m² according to the EPC inspection conducted in March 2016. This puts it in the largest 10% of detached houses houses in Tatsfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tatsfield, and where PARK WOOD LODGE lies on this distribution: 98% of detached houses houses are smaller than PARK WOOD LODGE, and 2% of houses are larger. Note that EPC data is not available for all properties in Tatsfield.

PARK WOOD LODGE: Plot and Title Map

PARK WOOD LODGE sits on a plot of roughly 1.1 acres, or 4,559m². The below map shows the location of PARK WOOD LODGE, 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 PARK WOOD LODGE). 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 PARK WOOD LODGE?

PARK WOOD LODGE is located on RAG HILL ROAD in TATSFIELD, in the TN16 postcode district. The below map shows the position of PARK WOOD LODGE on RAG HILL ROAD.