1, CROFTERS CLOSE, REDHILL, RH1 6QX - £330,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 CROFTERS CLOSE is a very small detached house of 67m², built sometime between 1983 and 1990, which could now be worth an estimated £337,749. It was last sold for £330,000 in January 2022, which was around 62% below the average January 2022 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was B.

1 CROFTERS CLOSE Sold Prices

Land registry data shows two sales for 1 CROFTERS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. Both of the two 1 CROFTERS 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
2022 26 JAN	£330,000	£878,002	62% below HPI
2004 30 NOV	£280,000	£432,113	35% below HPI

1 CROFTERS 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 two 1 CROFTERS CLOSE sales from November 2004 and January 2022 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 2004 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the January 2022 sale, where it falls to 62% below the HPI. The line then continues to track at 62% below the HPI.

What might 1 CROFTERS CLOSE be worth now?

1 CROFTERS CLOSE might now be worth an estimated £337,749.

This is based on house price inflation of 2.3%, between January 2022 and February 2025, for detached houses, in the Reigate and Banstead local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.3% inflationary increase is applied to the most recent sale price for 1 CROFTERS CLOSE of £330,000 on 26th January 2022. For the value to have increased from £330,000 to £337,749 over the two years and eleven months to February 2025, the following assumptions must hold true:

• The value of 1 CROFTERS CLOSE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The January 2022 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 1 CROFTERS CLOSE has not materially changed since January 2022.

How Large is 1 CROFTERS CLOSE?

1 CROFTERS CLOSE is 67m² according to the EPC inspection conducted in May 2021. This puts it in the smallest 10% of detached houses houses in Redhill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Redhill, and where 1 CROFTERS CLOSE lies on this distribution: 4% of detached houses houses are smaller than 1 CROFTERS CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Redhill.

1 CROFTERS CLOSE: Plot and Title Map

1 CROFTERS CLOSE sits on a plot of roughly 2.5 acres, or 9,940m². The below map shows the location of 1 CROFTERS 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 CROFTERS 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 CROFTERS CLOSE?

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