12, OAK LODGE DRIVE, REDHILL, RH1 5EB - £855,000

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

12 OAK LODGE DRIVE is a very large extended detached house of 234m², built sometime between 1967 and 1975. It was last sold for £855,000 in September 2017, which was around 13% above the average September 2017 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was D.

12 OAK LODGE DRIVE Sold Prices

Land registry data shows two sales for 12 OAK LODGE DRIVE 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. One of the two 12 OAK LODGE DRIVE sales was for above the average price, whilst the other was 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
2017 29 SEP	£855,000	£754,050	13% above HPI
2007 6 NOV	£495,000	£508,982	3% below HPI

12 OAK LODGE 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 two 12 OAK LODGE DRIVE sales from November 2007 and September 2017 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 2007 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the September 2017 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 12 OAK LODGE DRIVE?

12 OAK LODGE DRIVE is 234m², which includes two extensions, according to the EPC inspection conducted in March 2017. This puts it in the largest 10% of detached houses in Salfords, based on EPC data. The below chart shows the distribution of detached houses by size in Salfords, and where 12 OAK LODGE DRIVE lies on this distribution: 96% of detached houses are smaller than 12 OAK LODGE DRIVE, and 4% of houses are larger. Note that EPC data is not available for all properties in Salfords.

12 OAK LODGE DRIVE: Plot and Title Map

12 OAK LODGE DRIVE sits on a plot of roughly 0.276 of an acre, or 1,117m². The below map shows the location of 12 OAK LODGE 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 12 OAK LODGE 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 12 OAK LODGE DRIVE?

12 OAK LODGE DRIVE is located in REDHILL, in the RH1 postcode district. The below map shows the position of No. 12 on OAK LODGE DRIVE.