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

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 CROFTERS CLOSE is a very small detached house of 67m², built sometime between 1983 and 1990. It was last sold for £330,000 in January 2022, which was around 61% 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	£837,097	61% below HPI
2004 30 NOV	£280,000	£411,982	32% 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 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the January 2022 sale, where it falls to 61% below the HPI. The line then continues to track at 61% below the HPI.

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 in Redhill, based on EPC data. The below chart shows the distribution of detached houses by size in Redhill, and where 1 CROFTERS CLOSE lies on this distribution: 4% of detached 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.