1, LOWER ROAD, REDHILL, RH1 6NN - £517,500

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 LOWER ROAD is a very small extended detached house of 84m², built sometime between 1900 and 1929. It was last sold for £517,500 in November 2022, which was around 45% below the average November 2022 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was May 2022, where the current energy rating was E, and the potential energy rating was B.

1 LOWER ROAD Sold Prices

Land registry data shows three sales for 1 LOWER ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. All of the three 1 LOWER ROAD 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 25 NOV	£517,500	£949,359	45% below HPI
2002 18 SEP	£18,000	£377,457	95% below HPI
1999 9 SEP	£142,000	£247,061	43% below HPI

1 LOWER ROAD 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 three 1 LOWER ROAD sales between September 1999 and November 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 September 2002 sale was for 95% below the HPI. So the extrapolation line tracks at 95% below the HPI over time, until the November 2022 sale, where it rises to 45% below the HPI. The line then continues to track at 45% below the HPI.

What might 1 LOWER ROAD be worth now?

1 LOWER ROAD might now be worth an estimated £491,894.

This is based on house price deflation of 4.9%, between November 2022 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 4.9% deflationary decrease is applied to the most recent sale price for 1 LOWER ROAD of £517,500 on 25th November 2022. For the value to have decreased from £517,500 to £491,894 over the one year and eleven months to December 2024, the following assumptions must hold true:

• The value of 1 LOWER ROAD has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The November 2022 sale price of £517,500 represented a fair market value for the property.
• The size, condition, and specification of 1 LOWER ROAD has not materially changed since November 2022.

How Large is 1 LOWER ROAD?

1 LOWER ROAD is 84m², which includes one extension, according to the EPC inspection conducted in May 2022. 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 LOWER ROAD lies on this distribution: 9% of detached houses houses are smaller than 1 LOWER ROAD, and 90% of houses are larger. Note that EPC data is not available for all properties in Redhill.

1 LOWER ROAD: Plot and Title Map

1 LOWER ROAD sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 1 LOWER ROAD, 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 LOWER ROAD). 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 LOWER ROAD?

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