1, HILLFIELD CLOSE, REDHILL, RH1 4AR - £672,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 HILLFIELD CLOSE is a small extended semi-detached house of 112m², built sometime between 1930 and 1949, which could now be worth an estimated £663,746. It was last sold for £672,500 in September 2022, which was around 25% above the average September 2022 semi-detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was B.

1 HILLFIELD CLOSE Sold Prices

Land registry data shows four sales for 1 HILLFIELD CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Reigate and Banstead local authority area for the corresponding sale date. two of the four 1 HILLFIELD CLOSE sales were for above the average price, and four 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 30 SEP	£672,500	£535,862	25% above HPI
2020 30 OCT	£560,000	£475,306	18% above HPI
2015 11 FEB	£325,000	£377,202	14% below HPI
2014 23 OCT	£200,000	£380,694	47% below HPI

1 HILLFIELD CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Reigate and Banstead local authority area over time, sourced from the HPI. The four 1 HILLFIELD CLOSE sales between October 2014 and September 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 October 2020 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the September 2022 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 1 HILLFIELD CLOSE be worth now?

1 HILLFIELD CLOSE might now be worth an estimated £663,746.

This is based on house price deflation of 1.3%, between September 2022 and February 2025, for semi-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 1.3% deflationary decrease is applied to the most recent sale price for 1 HILLFIELD CLOSE of £672,500 on 30th September 2022. For the value to have decreased from £672,500 to £663,746 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of 1 HILLFIELD CLOSE has moved in line with the HPI for semi-detached houses in the Reigate and Banstead local authority area.
• The September 2022 sale price of £672,500 represented a fair market value for the property.
• The size, condition, and specification of 1 HILLFIELD CLOSE has not materially changed since September 2022.

How Large is 1 HILLFIELD CLOSE?

1 HILLFIELD CLOSE is 112m², which includes two extensions, according to the EPC inspection conducted in August 2016. This puts it in the smallest 40% of semi-detached houses houses in Redhill, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Redhill, and where 1 HILLFIELD CLOSE lies on this distribution: 35% of semi-detached houses houses are smaller than 1 HILLFIELD CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Redhill.

1 HILLFIELD CLOSE: Plot and Title Map

1 HILLFIELD CLOSE sits on a plot of roughly 0.087 of an acre, or 353m². The below map shows the location of 1 HILLFIELD 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 HILLFIELD 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 HILLFIELD CLOSE?

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