11, RIDGEMOUNT WAY, REDHILL, RH1 6JT - £840,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

11 RIDGEMOUNT WAY is a large extended detached house of 174m², built sometime between 1996 and 2002. It was last sold for £840,000 in October 2020, which was around 5% above the average October 2020 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

11 RIDGEMOUNT WAY Sold Prices

Land registry data shows two sales for 11 RIDGEMOUNT WAY 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 11 RIDGEMOUNT WAY sales were for above 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
2020 16 OCT	£840,000	£799,947	5% above HPI
1997 30 SEP	£260,000	£182,502	42% above HPI

11 RIDGEMOUNT WAY 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 11 RIDGEMOUNT WAY sales from September 1997 and October 2020 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 1997 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the October 2020 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 11 RIDGEMOUNT WAY?

11 RIDGEMOUNT WAY is 174m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the largest 30% 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 RIDGEMOUNT WAY lies on this distribution: 76% of detached houses are smaller than 11 RIDGEMOUNT WAY, and 24% of houses are larger. Note that EPC data is not available for all properties in Redhill.

11 RIDGEMOUNT WAY: Plot and Title Map

11 RIDGEMOUNT WAY sits on a plot of roughly 0.126 of an acre, or 509m². The below map shows the location of 11 RIDGEMOUNT WAY, 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 RIDGEMOUNT WAY). 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 RIDGEMOUNT WAY?

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