1, CYGNETS CLOSE, REDHILL, RH1 2QE - £400,000

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 CYGNETS CLOSE is a small detached house of 95m², built sometime between 1991 and 1995, which could now be worth an estimated £697,118. It was last sold for £400,000 in June 2011, which was around 23% below the average June 2011 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was C.

1 CYGNETS CLOSE Sold Prices

Land registry data shows two sales for 1 CYGNETS 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 CYGNETS 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
2011 21 JUN	£400,000	£517,780	23% below HPI
2000 16 FEB	£199,950	£267,622	25% below HPI

1 CYGNETS 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 CYGNETS CLOSE sales from February 2000 and June 2011 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 February 2000 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the June 2011 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 1 CYGNETS CLOSE be worth now?

1 CYGNETS CLOSE might now be worth an estimated £697,118.

This is based on house price inflation of 74.3%, between June 2011 and December 2024, 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 74.3% inflationary increase is applied to the most recent sale price for 1 CYGNETS CLOSE of £400,000 on 21st June 2011. For the value to have increased from £400,000 to £697,118 over the twelve years and six months to December 2024, the following assumptions must hold true:

• The value of 1 CYGNETS CLOSE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The June 2011 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 1 CYGNETS CLOSE has not materially changed since June 2011.

How Large is 1 CYGNETS CLOSE?

1 CYGNETS CLOSE is 95m² according to the EPC inspection conducted in February 2011. This puts it in the smallest 30% 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 CYGNETS CLOSE lies on this distribution: 21% of detached houses houses are smaller than 1 CYGNETS CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Redhill.

1 CYGNETS CLOSE: Plot and Title Map

1 CYGNETS CLOSE sits on a plot of roughly 0.111 of an acre, or 449m². The below map shows the location of 1 CYGNETS 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 CYGNETS 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 CYGNETS CLOSE?

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