9, PADDOCK WAY, OXTED, RH8 0LF - £473,000

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.

9 PADDOCK WAY is a very small detached house of 90m², built sometime between 1950 and 1966, which could now be worth an estimated £644,181. It was last sold for £473,000 in August 2014, which was around 27% below the average August 2014 detached price in the Tandridge local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

9 PADDOCK WAY Sold Prices

Land registry data shows four sales for 9 PADDOCK WAY 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 9 PADDOCK WAY 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
2014 22 AUG	£473,000	£645,052	27% below HPI
2008 30 MAY	£435,000	£541,891	20% below HPI
2004 30 SEP	£370,000	£460,510	20% below HPI
2000 20 APR	£195,000	£290,678	33% below HPI

9 PADDOCK WAY 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 9 PADDOCK WAY sales between April 2000 and August 2014 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 May 2008 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the August 2014 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 9 PADDOCK WAY be worth now?

9 PADDOCK WAY might now be worth an estimated £644,181.

This is based on house price inflation of 36.2%, between August 2014 and March 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 36.2% inflationary increase is applied to the most recent sale price for 9 PADDOCK WAY of £473,000 on 22nd August 2014. For the value to have increased from £473,000 to £644,181 over the eleven years and five months to March 2025, the following assumptions must hold true:

• The value of 9 PADDOCK WAY has moved in line with the HPI for detached houses in the Tandridge local authority area.
• The August 2014 sale price of £473,000 represented a fair market value for the property.
• The size, condition, and specification of 9 PADDOCK WAY has not materially changed since August 2014.

How Large is 9 PADDOCK WAY?

9 PADDOCK WAY is 90m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 10% of detached houses houses in Oxted, based on EPC data. The below chart shows the distribution of detached houses houses by size in Oxted, and where 9 PADDOCK WAY lies on this distribution: 8% of detached houses houses are smaller than 9 PADDOCK WAY, and 92% of houses are larger. Note that EPC data is not available for all properties in Oxted.

9 PADDOCK WAY: Plot and Title Map

9 PADDOCK WAY sits on a plot of roughly 0.137 of an acre, or 553m². The below map shows the location of 9 PADDOCK WAY, 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 9 PADDOCK WAY). 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 9 PADDOCK WAY?

9 PADDOCK WAY is located in OXTED, in the RH8 postcode district. The below map shows the position of No. 9 on PADDOCK WAY.