14, BUDGEN DRIVE, REDHILL, RH1 2QB - £197,500

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

14 BUDGEN DRIVE is a large extended detached house of 148m², built sometime between 1983 and 1990. It was last sold for £197,500 in June 2000, which was around 26% below the average June 2000 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was November 2020, where the current energy rating was D, and the potential energy rating was C.

14 BUDGEN DRIVE Sold Prices

Land registry data shows two sales for 14 BUDGEN 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. Both of the two 14 BUDGEN 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
2000 29 JUN	£197,500	£266,139	26% below HPI
1995 18 DEC	£114,000	£149,257	24% below HPI

14 BUDGEN 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 14 BUDGEN DRIVE sales from December 1995 and June 2000 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 1995 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the June 2000 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 14 BUDGEN DRIVE?

14 BUDGEN DRIVE is 148m², which includes one extension, according to the EPC inspection conducted in November 2020. This puts it in the largest 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 14 BUDGEN DRIVE lies on this distribution: 63% of detached houses are smaller than 14 BUDGEN DRIVE, and 36% of houses are larger. Note that EPC data is not available for all properties in Redhill.

14 BUDGEN DRIVE: Plot and Title Map

14 BUDGEN DRIVE sits on a plot of roughly 0.054 of an acre, or 218m². The below map shows the location of 14 BUDGEN 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 14 BUDGEN 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 14 BUDGEN DRIVE?

14 BUDGEN DRIVE is located in REDHILL, in the RH1 postcode district. The below map shows the position of No. 14 on BUDGEN DRIVE.