THE NOOK, NEWCHAPEL ROAD, LINGFIELD, RH7 6BJ - £555,000

THE NOOK is a large extended detached house of 141m², built sometime before 1900. It was last sold for £555,000 in January 2016, which was around 23% below the average January 2016 detached price in the Tandridge local authority area. The most recent EPC inspection was July 2010, where the current energy rating was E, and the potential energy rating was D.

THE NOOK Sold Prices

Land registry data shows two sales for THE NOOK 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 THE NOOK 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
2016 28 JAN	£555,000	£721,259	23% below HPI
2011 24 MAR	£467,000	£544,940	14% below HPI

THE NOOK 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 THE NOOK sales from March 2011 and January 2016 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 March 2011 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the January 2016 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is THE NOOK?

THE NOOK is 141m², which includes two extensions, according to the EPC inspection conducted in July 2010. This puts it in the largest 40% of detached houses in Lingfield, based on EPC data. The below chart shows the distribution of detached houses by size in Lingfield, and where THE NOOK lies on this distribution: 62% of detached houses are smaller than THE NOOK, and 38% of houses are larger. Note that EPC data is not available for all properties in Lingfield.

THE NOOK: Plot and Title Map

THE NOOK sits on a plot of roughly 0.170 of an acre, or 689m². The below map shows the location of THE NOOK, 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 THE NOOK). 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 THE NOOK?

THE NOOK is located on NEWCHAPEL ROAD in LINGFIELD, in the RH7 postcode district. The below map shows the position of THE NOOK on NEWCHAPEL ROAD.