HIGH BANKS, WOLFS HILL, OXTED, RH8 0QT - £1,335,000

HIGH BANKS is a very large extended detached house of 279m², built sometime between 1967 and 1975. It was last sold for £1,335,000 in August 2020, which was around 66% above the average August 2020 detached price in the Tandridge local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was C.

HIGH BANKS Sold Prices

Land registry data shows two sales for HIGH BANKS 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. Both of the two HIGH BANKS 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
2020 7 AUG	£1,335,000	£804,704	66% above HPI
2001 5 SEP	£400,000	£341,781	17% above HPI

HIGH BANKS 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 HIGH BANKS sales from September 2001 and August 2020 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 2001 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the August 2020 sale, where it rises to 66% above the HPI. The line then continues to track at 66% above the HPI.

How Large is HIGH BANKS?

HIGH BANKS is 279m², which includes one extension, according to the EPC inspection conducted in September 2012. This puts it in the largest 20% of detached houses in Oxted, based on EPC data. The below chart shows the distribution of detached houses by size in Oxted, and where HIGH BANKS lies on this distribution: 88% of detached houses are smaller than HIGH BANKS, and 11% of houses are larger. Note that EPC data is not available for all properties in Oxted.

HIGH BANKS: Plot and Title Map

HIGH BANKS sits on a plot of roughly 0.525 of an acre, or 2,125m². The below map shows the location of HIGH BANKS, 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 HIGH BANKS). 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 HIGH BANKS?

HIGH BANKS is located on WOLFS HILL in OXTED, in the RH8 postcode district. The below map shows the position of HIGH BANKS on WOLFS HILL.