PENHURST, KINGS CROSS LANE, SOUTH NUTFIELD, REDHILL, RH1 5NS - £859,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

PENHURST is a very large extended detached house of 266m², built sometime between 1930 and 1949, which could now be worth an estimated £960,857. It was last sold for £859,000 in March 2018, which was around 10% above the average March 2018 detached price in the Tandridge local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.

PENHURST Sold Prices

Land registry data shows two sales for PENHURST 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. One of the two PENHURST sales was for above the average price, whilst the other was 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
2018 9 MAR	£859,000	£783,510	10% above HPI
2001 9 NOV	£265,000	£347,885	24% below HPI

PENHURST 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 PENHURST sales from November 2001 and March 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 November 2001 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the March 2018 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might PENHURST be worth now?

PENHURST might now be worth an estimated £960,857.

This is based on house price inflation of 11.9%, between March 2018 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 11.9% inflationary increase is applied to the most recent sale price for PENHURST of £859,000 on 9th March 2018. For the value to have increased from £859,000 to £960,857 over the seven years and one month to February 2025, the following assumptions must hold true:

• The value of PENHURST has moved in line with the HPI for detached houses in the Tandridge local authority area.
• The March 2018 sale price of £859,000 represented a fair market value for the property.
• The size, condition, and specification of PENHURST has not materially changed since March 2018.

How Large is PENHURST?

PENHURST is 266m², which includes three extensions, according to the EPC inspection conducted in July 2021. This puts it in the largest 10% of detached houses houses in South Nutfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in South Nutfield, and where PENHURST lies on this distribution: 97% of detached houses houses are smaller than PENHURST, and 3% of houses are larger. Note that EPC data is not available for all properties in South Nutfield.

PENHURST: Plot and Title Map

PENHURST sits on a plot of roughly 0.351 of an acre, or 1,419m². The below map shows the location of PENHURST, 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 PENHURST). 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 PENHURST?

PENHURST is located on KINGS CROSS LANE in SOUTH NUTFIELD, in the RH1 postcode district. The below map shows the position of PENHURST on KINGS CROSS LANE.