REDWINGS, PLOUGH ROAD, SMALLFIELD, HORLEY, RH6 9JL - £425,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

REDWINGS is a midsized extended detached house of 110m², built sometime between 1976 and 1982. It was last sold for £425,000 in January 2022, which was around 53% below the average January 2022 detached price in the Tandridge local authority area. The most recent EPC inspection was March 2019, where the current energy rating was E, and the potential energy rating was C.

REDWINGS Sold Prices

Land registry data shows two sales for REDWINGS 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 REDWINGS sales were 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
2022 20 JAN	£425,000	£894,871	53% below HPI
2007 2 APR	£232,000	£499,151	54% below HPI

REDWINGS 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 REDWINGS sales from April 2007 and January 2022 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 April 2007 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the January 2022 sale, where it rises to 53% below the HPI. The line then continues to track at 53% below the HPI.

How Large is REDWINGS?

REDWINGS is 110m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the smallest 50% of detached houses in Smallfield, based on EPC data. The below chart shows the distribution of detached houses by size in Smallfield, and where REDWINGS lies on this distribution: 47% of detached houses are smaller than REDWINGS, and 52% of houses are larger. Note that EPC data is not available for all properties in Smallfield.

REDWINGS: Plot and Title Map

REDWINGS sits on a plot of roughly 0.096 of an acre, or 388m². The below map shows the location of REDWINGS, 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 REDWINGS). 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 REDWINGS?

REDWINGS is located on PLOUGH ROAD in SMALLFIELD, in the RH6 postcode district. The below map shows the position of REDWINGS on PLOUGH ROAD.