118, GARLANDS ROAD, REDHILL, RH1 6NZ - £335,000

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

118 GARLANDS ROAD is a small extended detached house of 115m², built sometime between 1900 and 1929. It was last sold for £335,000 in January 2011, which was around 34% below the average January 2011 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was February 2017, where the current energy rating was E, and the potential energy rating was D.

118 GARLANDS ROAD Sold Prices

Land registry data shows six sales for 118 GARLANDS ROAD since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. All of the six 118 GARLANDS 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
2011 28 JAN	£335,000	£510,507	34% below HPI
2006 27 FEB	£325,000	£423,491	23% below HPI
2002 28 AUG	£285,000	£353,639	19% below HPI
1998 8 DEC	£160,000	£209,713	24% below HPI
1997 22 SEP	£91,000	£182,502	50% below HPI
1997 5 AUG	£75,000	£179,940	58% below HPI

118 GARLANDS 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 six 118 GARLANDS ROAD sales between August 1997 and January 2011 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 February 2006 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the January 2011 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 118 GARLANDS ROAD?

118 GARLANDS ROAD is 115m², which includes two extensions, according to the EPC inspection conducted in February 2017. This puts it in the smallest 40% of detached houses in Redhill, based on EPC data. The below chart shows the distribution of detached houses by size in Redhill, and where 118 GARLANDS ROAD lies on this distribution: 38% of detached houses are smaller than 118 GARLANDS ROAD, and 61% of houses are larger. Note that EPC data is not available for all properties in Redhill.

118 GARLANDS ROAD: Plot and Title Map

118 GARLANDS ROAD sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 118 GARLANDS 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 118 GARLANDS 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 118 GARLANDS ROAD?

118 GARLANDS ROAD is located in REDHILL, in the RH1 postcode district. The below map shows the position of No. 118 on GARLANDS ROAD.