1, WOODFIELD CLOSE, REDHILL, RH1 2DL - £285,000

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 WOODFIELD CLOSE is a midsized extended detached house of 120m², built sometime between 1967 and 1975, which could now be worth an estimated £516,749. It was last sold for £285,000 in May 2007, which was around 42% below the average May 2007 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was September 2009, where the current energy rating was D, and the potential energy rating was C.

1 WOODFIELD CLOSE Sold Prices

Land registry data shows two sales for 1 WOODFIELD 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 WOODFIELD 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
2007 2 MAY	£285,000	£495,611	42% below HPI
2006 6 DEC	£285,000	£464,701	39% below HPI

1 WOODFIELD 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 WOODFIELD CLOSE sales from December 2006 and May 2007 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 December 2006 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the May 2007 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 1 WOODFIELD CLOSE be worth now?

1 WOODFIELD CLOSE might now be worth an estimated £516,749.

This is based on house price inflation of 81.3%, between May 2007 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 81.3% inflationary increase is applied to the most recent sale price for 1 WOODFIELD CLOSE of £285,000 on 2nd May 2007. For the value to have increased from £285,000 to £516,749 over the eighteen years and three months to February 2025, the following assumptions must hold true:

• The value of 1 WOODFIELD CLOSE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The May 2007 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 1 WOODFIELD CLOSE has not materially changed since May 2007.

How Large is 1 WOODFIELD CLOSE?

1 WOODFIELD CLOSE is 120m², which includes two extensions, according to the EPC inspection conducted in September 2009. This puts it in the smallest 50% 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 WOODFIELD CLOSE lies on this distribution: 43% of detached houses houses are smaller than 1 WOODFIELD CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Redhill.

1 WOODFIELD CLOSE: Plot and Title Map

1 WOODFIELD CLOSE sits on a plot of roughly 0.106 of an acre, or 429m². The below map shows the location of 1 WOODFIELD 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 WOODFIELD 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 WOODFIELD CLOSE?

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