1, CHERRY GREEN CLOSE, REDHILL, RH1 6RY - £250,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 CHERRY GREEN CLOSE is a very small detached house of 66m², built sometime between 1991 and 1995. It was last sold for £250,000 in November 2014, which was around 61% below the average November 2014 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was March 2010, where the current energy rating was E, and the potential energy rating was E.

1 CHERRY GREEN CLOSE Sold Prices

Land registry data shows four sales for 1 CHERRY GREEN CLOSE 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 1 CHERRY GREEN CLOSE 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 27 NOV	£250,000	£647,291	61% below HPI
2013 22 NOV	£225,000	£548,482	59% below HPI
2010 21 JUL	£210,000	£509,675	59% below HPI
2006 19 JUN	£185,000	£424,879	56% below HPI

1 CHERRY GREEN CLOSE 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 1 CHERRY GREEN CLOSE sales between June 2006 and November 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 November 2013 sale was for 59% below the HPI. So the extrapolation line tracks at 59% below the HPI over time, until the November 2014 sale, where it falls to 61% below the HPI. The line then continues to track at 61% below the HPI.

How Large is 1 CHERRY GREEN CLOSE?

1 CHERRY GREEN CLOSE is 66m² according to the EPC inspection conducted in March 2010. This puts it in the smallest 10% of detached houses in Redhill, based on EPC data. The below chart shows the distribution of detached houses by size in Redhill, and where 1 CHERRY GREEN CLOSE lies on this distribution: 4% of detached houses are smaller than 1 CHERRY GREEN CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Redhill.

1 CHERRY GREEN CLOSE: Plot and Title Map

1 CHERRY GREEN CLOSE sits on a plot of roughly 0.023 of an acre, or 94m². The below map shows the location of 1 CHERRY GREEN 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 1 CHERRY GREEN 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 1 CHERRY GREEN CLOSE?

1 CHERRY GREEN CLOSE is located in REDHILL, in the RH1 postcode district. The below map shows the position of No. 1 on CHERRY GREEN CLOSE.