SOUTH LODGE, BLETCHINGLEY ROAD, NUTFIELD, REDHILL, RH1 4HN - £28,000

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

SOUTH LODGE is a small extended property of 124m², built sometime before 1900. It was last sold for £28,000 in June 2023, which was around 97% below the average June 2023 detached price in the Tandridge local authority area. The most recent EPC inspection was January 2012, where the current energy rating was E, and the potential energy rating was E.

SOUTH LODGE Sold Prices

Land registry data shows three sales for SOUTH LODGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Tandridge local authority area for the corresponding sale date. One of the three SOUTH LODGE sales was for below the average price, whilst two 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
2023 14 JUN	£28,000	£906,832	97% below HPI
2012 29 AUG	£581,000	£537,779	8% above HPI
2005 19 APR	£490,000	£440,010	11% above HPI

SOUTH 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 three SOUTH LODGE sales between April 2005 and June 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 August 2012 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the June 2023 sale, where it falls to 97% below the HPI. The line then continues to track at 97% below the HPI.

How Large is SOUTH LODGE?

SOUTH LODGE is 124m², which includes one extension, according to the EPC inspection conducted in January 2012. This puts it in the smallest 30% of detached houses in Nutfield, based on EPC data. The below chart shows the distribution of detached houses by size in Nutfield, and where SOUTH LODGE lies on this distribution: 26% of detached houses are smaller than SOUTH LODGE, and 74% of houses are larger. Note that EPC data is not available for all properties in Nutfield.

SOUTH LODGE: Plot and Title Map

SOUTH LODGE sits on a plot of roughly 0.177 of an acre, or 716m². The below map shows the location of SOUTH 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 SOUTH 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 SOUTH LODGE?

SOUTH LODGE is located on BLETCHINGLEY ROAD in NUTFIELD, in the RH1 postcode district. The below map shows the position of SOUTH LODGE on BLETCHINGLEY ROAD.