RED TILES, WOODHAM PARK WAY, WOODHAM, ADDLESTONE, KT15 3SG - £955,000

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.

RED TILES is a very large extended detached house of 220m², built sometime between 1930 and 1949, which could now be worth an estimated £1,121,206. It was last sold for £955,000 in December 2020, which was around 20% above the average December 2020 detached price in the Runnymede local authority area. The most recent EPC inspection was May 2016, where the current energy rating was C, and the potential energy rating was B.

RED TILES Sold Prices

Land registry data shows two sales for RED TILES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Runnymede local authority area for the corresponding sale date. Both of the two RED TILES 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
2020 11 DEC	£955,000	£795,087	20% above HPI
2006 13 SEP	£485,000	£459,482	6% above HPI

RED TILES Price Paid vs. HPI Average

The below graph shows the average detached house price in the Runnymede local authority area over time, sourced from the HPI. The two RED TILES sales from September 2006 and December 2020 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 September 2006 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the December 2020 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might RED TILES be worth now?

RED TILES might now be worth an estimated £1,121,206.

This is based on house price inflation of 17.4%, between December 2020 and February 2025, for detached houses, in the Runnymede local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17.4% inflationary increase is applied to the most recent sale price for RED TILES of £955,000 on 11th December 2020. For the value to have increased from £955,000 to £1,121,206 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of RED TILES has moved in line with the HPI for detached houses in the Runnymede local authority area.
• The December 2020 sale price of £955,000 represented a fair market value for the property.
• The size, condition, and specification of RED TILES has not materially changed since December 2020.

How Large is RED TILES?

RED TILES is 220m², which includes two extensions, according to the EPC inspection conducted in May 2016. This puts it in the largest 20% of detached houses houses in Woodham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Woodham, and where RED TILES lies on this distribution: 83% of detached houses houses are smaller than RED TILES, and 17% of houses are larger. Note that EPC data is not available for all properties in Woodham.

RED TILES: Plot and Title Map

RED TILES sits on a plot of roughly 0.174 of an acre, or 705m². The below map shows the location of RED TILES, 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 RED TILES). 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 RED TILES?

RED TILES is located on WOODHAM PARK WAY in WOODHAM, in the KT15 postcode district. The below map shows the position of RED TILES on WOODHAM PARK WAY.