11A, WESTMEAD DRIVE, REDHILL, RH1 5DB - £550,000

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

11A WESTMEAD DRIVE is a midsized extended detached house of 127m², built sometime between 2003 and 2006. It was last sold for £550,000 in January 2024, which was around 36% below the average January 2024 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was September 2019, where the current energy rating was C, and the potential energy rating was B.

11A WESTMEAD DRIVE Sold Prices

Land registry data shows five sales for 11A WESTMEAD DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. All of the five 11A WESTMEAD DRIVE 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
2024 26 JAN	£550,000	£857,384	36% below HPI
2013 29 MAY	£250,000	£523,176	52% below HPI
2006 17 NOV	£145,000	£439,408	67% below HPI
2005 27 JUN	£215,000	£425,023	49% below HPI
2003 10 FEB	£184,950	£380,712	51% below HPI

11A WESTMEAD DRIVE 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 five 11A WESTMEAD DRIVE sales between February 2003 and January 2024 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 May 2013 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the January 2024 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 11A WESTMEAD DRIVE?

11A WESTMEAD DRIVE is 127m², which includes one extension, according to the EPC inspection conducted in September 2019. This puts it in the smallest 50% of detached houses in Salfords, based on EPC data. The below chart shows the distribution of detached houses by size in Salfords, and where 11A WESTMEAD DRIVE lies on this distribution: 45% of detached houses are smaller than 11A WESTMEAD DRIVE, and 53% of houses are larger. Note that EPC data is not available for all properties in Salfords.

11A WESTMEAD DRIVE: Plot and Title Map

11A WESTMEAD DRIVE sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 11A WESTMEAD DRIVE, 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 11A WESTMEAD DRIVE). 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 11A WESTMEAD DRIVE?

11A WESTMEAD DRIVE is located in REDHILL, in the RH1 postcode district. The below map shows the position of No. 11A on WESTMEAD DRIVE.