12, RIDGEWAY ROAD, REDHILL, RH1 6PH - £498,000

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

12 RIDGEWAY ROAD is a midsized detached house of 122m², built sometime between 1900 and 1929. It was last sold for £498,000 in October 2012, which was around 6% below the average October 2012 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was April 2013, where the current energy rating was F, and the potential energy rating was D.

12 RIDGEWAY ROAD Sold Prices

Land registry data shows two sales for 12 RIDGEWAY ROAD 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 12 RIDGEWAY 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
2012 29 OCT	£498,000	£529,520	6% below HPI
1997 18 AUG	£155,000	£179,940	14% below HPI

12 RIDGEWAY 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 two 12 RIDGEWAY ROAD sales from August 1997 and October 2012 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 August 1997 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the October 2012 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 12 RIDGEWAY ROAD?

12 RIDGEWAY ROAD is 122m² according to the EPC inspection conducted in April 2013. This puts it in the smallest 50% of detached houses in Redhill, based on EPC data. The below chart shows the distribution of detached houses by size in Redhill, and where 12 RIDGEWAY ROAD lies on this distribution: 44% of detached houses are smaller than 12 RIDGEWAY ROAD, and 55% of houses are larger. Note that EPC data is not available for all properties in Redhill.

12 RIDGEWAY ROAD: Plot and Title Map

12 RIDGEWAY ROAD sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 12 RIDGEWAY 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 12 RIDGEWAY 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 12 RIDGEWAY ROAD?

12 RIDGEWAY ROAD is located in REDHILL, in the RH1 postcode district. The below map shows the position of No. 12 on RIDGEWAY ROAD.