THE CHIMES, HATHERSHAM CLOSE, SMALLFIELD, HORLEY, RH6 9JE - £540,000

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

THE CHIMES is a very large extended detached house of 151m², built sometime between 1950 and 1966. It was last sold for £540,000 in July 2017, which was around 31% below the average July 2017 detached price in the Tandridge local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was C.

THE CHIMES Sold Prices

Land registry data shows four sales for THE CHIMES since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Tandridge local authority area for the corresponding sale date. All of the four THE CHIMES 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
2017 28 JUL	£540,000	£788,228	31% below HPI
2006 14 NOV	£390,000	£486,074	20% below HPI
1999 17 SEP	£149,950	£266,017	44% below HPI
1996 28 JUN	£83,000	£164,333	49% below HPI

THE CHIMES 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 four THE CHIMES sales between June 1996 and July 2017 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 2006 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the July 2017 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is THE CHIMES?

THE CHIMES is 151m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the largest 20% of detached houses in Smallfield, based on EPC data. The below chart shows the distribution of detached houses by size in Smallfield, and where THE CHIMES lies on this distribution: 82% of detached houses are smaller than THE CHIMES, and 18% of houses are larger. Note that EPC data is not available for all properties in Smallfield.

THE CHIMES: Plot and Title Map

THE CHIMES sits on a plot of roughly 0.172 of an acre, or 697m². The below map shows the location of THE CHIMES, 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 THE CHIMES). 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 THE CHIMES?

THE CHIMES is located on HATHERSHAM CLOSE in SMALLFIELD, in the RH6 postcode district. The below map shows the position of THE CHIMES on HATHERSHAM CLOSE.