THE STABLES, PARK FARM, RAG HILL ROAD, TATSFIELD, WESTERHAM, TN16 2LS - £650,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

THE STABLES is a small extended detached house of 118m², built sometime between 1996 and 2002, which could now be worth an estimated £597,317. It was last sold for £650,000 in September 2022, which was around 32% below the average September 2022 detached price in the Tandridge local authority area. The most recent EPC inspection was July 2017, where the current energy rating was C, and the potential energy rating was B.

THE STABLES Sold Prices

Land registry data shows four sales for THE STABLES 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 STABLES 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 12 SEP	£650,000	£953,715	32% below HPI
2018 26 JAN	£585,000	£803,003	27% below HPI
2007 12 APR	£354,600	£509,491	30% below HPI
2005 14 APR	£295,000	£449,125	34% below HPI

THE STABLES 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 STABLES sales between April 2005 and September 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 January 2018 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the September 2022 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might THE STABLES be worth now?

THE STABLES might now be worth an estimated £597,317.

This is based on house price deflation of 8.1%, between September 2022 and February 2025, for detached houses, in the Tandridge local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 8.1% deflationary decrease is applied to the most recent sale price for THE STABLES of £650,000 on 12th September 2022. For the value to have decreased from £650,000 to £597,317 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of THE STABLES has moved in line with the HPI for detached houses in the Tandridge local authority area.
• The September 2022 sale price of £650,000 represented a fair market value for the property.
• The size, condition, and specification of THE STABLES has not materially changed since September 2022.

How Large is THE STABLES?

THE STABLES is 118m², which includes one extension, according to the EPC inspection conducted in July 2017. This puts it in the smallest 30% of detached houses houses in Tatsfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tatsfield, and where THE STABLES lies on this distribution: 27% of detached houses houses are smaller than THE STABLES, and 72% of houses are larger. Note that EPC data is not available for all properties in Tatsfield.

THE STABLES: Plot and Title Map

THE STABLES sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of THE STABLES, 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 STABLES). 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 STABLES?

THE STABLES, PARK FARM is located on RAG HILL ROAD in TATSFIELD, in the TN16 postcode district. The below map shows the position of THE STABLES, PARK FARM on RAG HILL ROAD.