11, MOUNT RISE, REDHILL, RH1 6JY - £470,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

11 MOUNT RISE is a very small semi-detached house of 67m², built sometime between 1983 and 1990. It was last sold for £470,000 in June 2021, which was around 40% below the average June 2021 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

11 MOUNT RISE Sold Prices

Land registry data shows three sales for 11 MOUNT RISE 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 11 MOUNT RISE 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
2021 29 JUN	£470,000	£781,469	40% below HPI
2013 8 NOV	£297,750	£548,482	46% below HPI
1998 30 JUN	£138,000	£201,449	31% below HPI

11 MOUNT RISE 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 11 MOUNT RISE sales between June 1998 and June 2021 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 November 2013 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the June 2021 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 11 MOUNT RISE?

11 MOUNT RISE is 67m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 10% of detached houses in Redhill, based on EPC data. The below chart shows the distribution of detached houses by size in Redhill, and where 11 MOUNT RISE lies on this distribution: 4% of detached houses are smaller than 11 MOUNT RISE, and 96% of houses are larger. Note that EPC data is not available for all properties in Redhill.

11 MOUNT RISE: Plot and Title Map

11 MOUNT RISE sits on a plot of roughly 0.051 of an acre, or 208m². The below map shows the location of 11 MOUNT RISE, 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 11 MOUNT RISE). 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 11 MOUNT RISE?

11 MOUNT RISE is located in REDHILL, in the RH1 postcode district. The below map shows the position of No. 11 on MOUNT RISE.