HOLLYLODGE, WATTS LANE, TADWORTH, KT20 5RW - £495,000

HOLLYLODGE is a very small detached house of 90m², built sometime between 1996 and 2002. It was last sold for £495,000 in September 2015, which was around 28% below the average September 2015 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was B.

HOLLYLODGE Sold Prices

Land registry data shows four sales for HOLLYLODGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. All of the four HOLLYLODGE 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
2015 9 SEP	£495,000	£685,076	28% below HPI
2013 31 MAY	£445,000	£523,176	15% below HPI
2004 26 MAY	£345,000	£394,124	12% below HPI
1999 22 JUL	£150,000	£222,961	33% below HPI

HOLLYLODGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Reigate and Banstead local authority area over time, sourced from the HPI. The four HOLLYLODGE sales between July 1999 and September 2015 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 2013 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the September 2015 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is HOLLYLODGE?

HOLLYLODGE is 90m² according to the EPC inspection conducted in January 2013. This puts it in the smallest 10% of detached houses in Tadworth, based on EPC data. The below chart shows the distribution of detached houses by size in Tadworth, and where HOLLYLODGE lies on this distribution: 7% of detached houses are smaller than HOLLYLODGE, and 92% of houses are larger. Note that EPC data is not available for all properties in Tadworth.

HOLLYLODGE: Plot and Title Map

HOLLYLODGE sits on a plot of roughly 0.104 of an acre, or 421m². The below map shows the location of HOLLYLODGE, 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 HOLLYLODGE). 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 HOLLYLODGE?

HOLLYLODGE is located on WATTS LANE in TADWORTH, in the KT20 postcode district. The below map shows the position of HOLLYLODGE on WATTS LANE.