10, HOOLEY LANE, REDHILL, RH1 6ET - £390,000

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.

10 HOOLEY LANE is a very small detached house of 90m², built sometime before 1900, which could now be worth an estimated £440,724. It was last sold for £390,000 in October 2018, which was around 51% below the average October 2018 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was June 2009, where the current energy rating was E, and the potential energy rating was D.

10 HOOLEY LANE Sold Prices

Land registry data shows three sales for 10 HOOLEY LANE 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 10 HOOLEY LANE 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
2018 25 OCT	£390,000	£795,196	51% below HPI
2010 5 JUL	£270,000	£534,580	49% below HPI
2000 3 APR	£157,000	£278,328	44% below HPI

10 HOOLEY LANE 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 10 HOOLEY LANE sales between April 2000 and October 2018 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 July 2010 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the October 2018 sale, where it falls to 51% below the HPI. The line then continues to track at 51% below the HPI.

What might 10 HOOLEY LANE be worth now?

10 HOOLEY LANE might now be worth an estimated £440,724.

This is based on house price inflation of 13%, between October 2018 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 13% inflationary increase is applied to the most recent sale price for 10 HOOLEY LANE of £390,000 on 25th October 2018. For the value to have increased from £390,000 to £440,724 over the seven years and eight months to February 2025, the following assumptions must hold true:

• The value of 10 HOOLEY LANE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The October 2018 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 10 HOOLEY LANE has not materially changed since October 2018.

How Large is 10 HOOLEY LANE?

10 HOOLEY LANE is 90m² according to the EPC inspection conducted in June 2009. This puts it in the smallest 20% 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 10 HOOLEY LANE lies on this distribution: 16% of detached houses houses are smaller than 10 HOOLEY LANE, and 84% of houses are larger. Note that EPC data is not available for all properties in Redhill.

10 HOOLEY LANE: Plot and Title Map

10 HOOLEY LANE sits on a plot of roughly 0.071 of an acre, or 289m². The below map shows the location of 10 HOOLEY LANE, 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 10 HOOLEY LANE). 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 10 HOOLEY LANE?

10 HOOLEY LANE is located in REDHILL, in the RH1 postcode district. The below map shows the position of No. 10 on HOOLEY LANE.