VELGRAD, MILL HILL LANE, BROCKHAM, BETCHWORTH, RH3 7LS - £1,593,125

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

VELGRAD is a midsized extended detached house of 139m², built sometime between 1930 and 1949. It was last sold for £1,593,125 in January 2018, which was around 99% above the average January 2018 detached price in the Mole Valley local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was C.

VELGRAD Sold Prices

Land registry data shows two sales for VELGRAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mole Valley local authority area for the corresponding sale date. Both of the two VELGRAD sales were 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 19 JAN	£1,593,125	£802,053	99% above HPI
2016 28 OCT	£900,000	£817,475	10% above HPI

VELGRAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mole Valley local authority area over time, sourced from the HPI. The two VELGRAD sales from October 2016 and January 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 2016 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the January 2018 sale, where it rises to 99% above the HPI. The line then continues to track at 99% above the HPI.

How Large is VELGRAD?

VELGRAD is 139m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the largest 50% of detached houses in Brockham, based on EPC data. The below chart shows the distribution of detached houses by size in Brockham, and where VELGRAD lies on this distribution: 55% of detached houses are smaller than VELGRAD, and 45% of houses are larger. Note that EPC data is not available for all properties in Brockham.

VELGRAD: Plot and Title Map

VELGRAD sits on a plot of roughly 0.590 of an acre, or 2,387m². The below map shows the location of VELGRAD, 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 VELGRAD). 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 VELGRAD?

VELGRAD is located on MILL HILL LANE in BROCKHAM, in the RH3 postcode district. The below map shows the position of VELGRAD on MILL HILL LANE.