12, THE FRENCHES, REDHILL, RH1 2HF - £640,000

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 THE FRENCHES is a midsized extended detached house of 139m², built sometime between 1983 and 1990. It was last sold for £640,000 in December 2022, which was around 29% below the average December 2022 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was B.

12 THE FRENCHES Sold Prices

Land registry data shows two sales for 12 THE FRENCHES 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 THE FRENCHES 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
2022 2 DEC	£640,000	£906,408	29% below HPI
2000 5 DEC	£183,000	£294,533	38% below HPI

12 THE FRENCHES 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 THE FRENCHES sales from December 2000 and December 2022 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 December 2000 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the December 2022 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 12 THE FRENCHES?

12 THE FRENCHES is 139m², which includes one extension, according to the EPC inspection conducted in June 2021. This puts it in the largest 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 THE FRENCHES lies on this distribution: 57% of detached houses are smaller than 12 THE FRENCHES, and 42% of houses are larger. Note that EPC data is not available for all properties in Redhill.

12 THE FRENCHES: Plot and Title Map

12 THE FRENCHES sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 12 THE FRENCHES, 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 THE FRENCHES). 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 THE FRENCHES?

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