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

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

THE STABLES is a small extended detached house of 118m², built sometime between 1996 and 2002. It was last sold for £650,000 in September 2022, which was around 30% 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	£934,359	30% below HPI
2018 26 JAN	£585,000	£786,706	26% below HPI
2007 12 APR	£354,600	£499,151	29% below HPI
2005 14 APR	£295,000	£440,010	33% 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 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the September 2022 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

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 in Tatsfield, based on EPC data. The below chart shows the distribution of detached houses by size in Tatsfield, and where THE STABLES lies on this distribution: 27% of detached 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.