RICKSTONES, LAKE VIEW ROAD, FURNACE WOOD, EAST GRINSTEAD, RH19 2QF - £1,000,000

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

RICKSTONES is a small extended detached house of 120m², built sometime between 1967 and 1975. It was last sold for £1,000,000 in March 2023, which was around 7% above the average March 2023 detached price in the Tandridge local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was A.

RICKSTONES Sold Prices

Land registry data shows two sales for RICKSTONES 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 RICKSTONES 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
2023 24 MAR	£1,000,000	£935,046	7% above HPI
2021 24 NOV	£860,000	£906,947	5% below HPI

RICKSTONES 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 RICKSTONES sales from November 2021 and March 2023 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 2021 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the March 2023 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is RICKSTONES?

RICKSTONES is 120m², which includes one extension, according to the EPC inspection conducted in February 2023. This puts it in the smallest 20% of detached houses in Furnace Wood, based on EPC data. The below chart shows the distribution of detached houses by size in Furnace Wood, and where RICKSTONES lies on this distribution: 20% of detached houses are smaller than RICKSTONES, and 80% of houses are larger. Note that EPC data is not available for all properties in Furnace Wood.

RICKSTONES: Plot and Title Map

RICKSTONES sits on a plot of roughly 2.2 acres, or 9,052m². The below map shows the location of RICKSTONES, 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 RICKSTONES). 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 RICKSTONES?

RICKSTONES is located on LAKE VIEW ROAD in FURNACE WOOD, in the RH19 postcode district. The below map shows the position of RICKSTONES on LAKE VIEW ROAD.