THE OLD WORKSHOP, 15A, HIGH STREET, OXTED, RH8 9LN - £337,500

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

THE OLD WORKSHOP is a very small detached house of 50m². It was last sold for £337,500 in January 2024, which was around 63% below the average January 2024 detached price in the Tandridge local authority area. The most recent EPC inspection was December 2015, where the current energy rating was C, and the potential energy rating was B.

THE OLD WORKSHOP Sold Prices

Land registry data shows two sales for THE OLD WORKSHOP 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 THE OLD WORKSHOP 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
2024 5 JAN	£337,500	£904,767	63% below HPI
2016 16 SEP	£288,000	£760,716	62% below HPI

THE OLD WORKSHOP 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 THE OLD WORKSHOP sales from September 2016 and January 2024 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 2016 sale was for 62% below the HPI. So the extrapolation line tracks at 62% below the HPI over time, until the January 2024 sale, where it falls to 63% below the HPI. The line then continues to track at 63% below the HPI.

How Large is THE OLD WORKSHOP?

THE OLD WORKSHOP is 50m² according to the EPC inspection conducted in December 2015. This puts it in the smallest 10% of detached houses in Oxted, based on EPC data. The below chart shows the distribution of detached houses by size in Oxted, and where THE OLD WORKSHOP lies on this distribution: Less than 1% of detached houses are smaller than THE OLD WORKSHOP, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Oxted.

THE OLD WORKSHOP: Plot and Title Map

THE OLD WORKSHOP sits on a plot of roughly 0.024 of an acre, or 96m². The below map shows the location of THE OLD WORKSHOP, 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 OLD WORKSHOP). 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 OLD WORKSHOP?

THE OLD WORKSHOP is located on HIGH STREET in OXTED, in the RH8 postcode district. The below map shows the position of THE OLD WORKSHOP on HIGH STREET.