TOWN FARM, OUTWOOD LANE, BLETCHINGLEY, REDHILL, RH1 4LR - £790,000

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

TOWN FARM is a very large extended detached house of 240m², built sometime before 1900. It was last sold for £790,000 in August 2018, which was around 1% below the average August 2018 detached price in the Tandridge local authority area. The most recent EPC inspection was March 2017, where the current energy rating was E, and the potential energy rating was C.

TOWN FARM Sold Prices

Land registry data shows two sales for TOWN FARM 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. One of the two TOWN FARM sales was for below the average price, whilst the other was 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
2018 3 AUG	£790,000	£797,125	1% below HPI
2002 11 OCT	£420,000	£400,918	5% above HPI

TOWN FARM 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 TOWN FARM sales from October 2002 and August 2018 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 October 2002 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the August 2018 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is TOWN FARM?

TOWN FARM is 240m², which includes three extensions, according to the EPC inspection conducted in March 2017. This puts it in the largest 10% of detached houses in Bletchingley, based on EPC data. The below chart shows the distribution of detached houses by size in Bletchingley, and where TOWN FARM lies on this distribution: 93% of detached houses are smaller than TOWN FARM, and 7% of houses are larger. Note that EPC data is not available for all properties in Bletchingley.

TOWN FARM: Plot and Title Map

TOWN FARM sits on a plot of roughly 0.189 of an acre, or 766m². The below map shows the location of TOWN FARM, 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 TOWN FARM). 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 TOWN FARM?

TOWN FARM is located on OUTWOOD LANE in BLETCHINGLEY, in the RH1 postcode district. The below map shows the position of TOWN FARM on OUTWOOD LANE.