6, SPEARS CLOSE, WARLINGHAM, CR6 9NT - £476,000

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.

6 SPEARS CLOSE is a small terraced house of 113m², built in 2015, which could now be worth an estimated £556,808. It was last sold for £476,000 in April 2019, which was around 37% above the average April 2019 terraced price in the Tandridge local authority area. The most recent EPC inspection was June 2016, where the current energy rating was A, and the potential energy rating was A.

6 SPEARS CLOSE Sold Prices

Land registry data shows two sales for 6 SPEARS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Tandridge local authority area for the corresponding sale date. Both of the two 6 SPEARS CLOSE 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
2019 25 APR	£476,000	£347,040	37% above HPI
2016 27 SEP	£455,000	£348,312	31% above HPI

6 SPEARS CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Tandridge local authority area over time, sourced from the HPI. The two 6 SPEARS CLOSE sales from September 2016 and April 2019 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 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the April 2019 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might 6 SPEARS CLOSE be worth now?

6 SPEARS CLOSE might now be worth an estimated £556,808.

This is based on house price inflation of 17%, between April 2019 and April 2026, for terraced 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 17% inflationary increase is applied to the most recent sale price for 6 SPEARS CLOSE of £476,000 on 25th April 2019. For the value to have increased from £476,000 to £556,808 over the seven years to April 2026, the following assumptions must hold true:

• The value of 6 SPEARS CLOSE has moved in line with the HPI for terraced houses in the Tandridge local authority area.
• The April 2019 sale price of £476,000 represented a fair market value for the property.
• The size, condition, and specification of 6 SPEARS CLOSE has not materially changed since April 2019.

How Large is 6 SPEARS CLOSE?

6 SPEARS CLOSE is 113m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 30% of terraced houses houses in Warlingham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Warlingham, and where 6 SPEARS CLOSE lies on this distribution: 22% of terraced houses houses are smaller than 6 SPEARS CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Warlingham.

6 SPEARS CLOSE: Plot and Title Map

6 SPEARS CLOSE sits on a plot of roughly 0.022 of an acre, or 91m². The below map shows the location of 6 SPEARS CLOSE, 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 6 SPEARS CLOSE). 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 6 SPEARS CLOSE?

6 SPEARS CLOSE is located in WARLINGHAM, in the CR6 postcode district. The below map shows the position of No. 6 on SPEARS CLOSE.