14, PARK VIEW ROAD, REDHILL, RH1 5DN - £392,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

14 PARK VIEW ROAD is a very small detached house of 70m², built sometime between 1967 and 1975, which could now be worth an estimated £429,869. It was last sold for £392,500 in May 2020, which was around 52% below the average May 2020 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was April 2011, where the current energy rating was E, and the potential energy rating was E.

14 PARK VIEW ROAD Sold Prices

Land registry data shows two sales for 14 PARK VIEW 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 14 PARK VIEW 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
2020 22 MAY	£392,500	£820,501	52% below HPI
2012 31 JAN	£220,000	£527,715	58% below HPI

14 PARK VIEW 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 14 PARK VIEW ROAD sales from January 2012 and May 2020 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 January 2012 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the May 2020 sale, where it rises to 52% below the HPI. The line then continues to track at 52% below the HPI.

What might 14 PARK VIEW ROAD be worth now?

14 PARK VIEW ROAD might now be worth an estimated £429,869.

This is based on house price inflation of 9.5%, between May 2020 and February 2025, for detached houses, in the Reigate and Banstead local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 9.5% inflationary increase is applied to the most recent sale price for 14 PARK VIEW ROAD of £392,500 on 22nd May 2020. For the value to have increased from £392,500 to £429,869 over the five years and three months to February 2025, the following assumptions must hold true:

• The value of 14 PARK VIEW ROAD has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The May 2020 sale price of £392,500 represented a fair market value for the property.
• The size, condition, and specification of 14 PARK VIEW ROAD has not materially changed since May 2020.

How Large is 14 PARK VIEW ROAD?

14 PARK VIEW ROAD is 70m² according to the EPC inspection conducted in April 2011. This puts it in the smallest 10% of detached houses houses in Salfords, based on EPC data. The below chart shows the distribution of detached houses houses by size in Salfords, and where 14 PARK VIEW ROAD lies on this distribution: 2% of detached houses houses are smaller than 14 PARK VIEW ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Salfords.

14 PARK VIEW ROAD: Plot and Title Map

14 PARK VIEW ROAD sits on a plot of roughly 0.140 of an acre, or 565m². The below map shows the location of 14 PARK VIEW 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 14 PARK VIEW 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 14 PARK VIEW ROAD?

14 PARK VIEW ROAD is located in REDHILL, in the RH1 postcode district. The below map shows the position of No. 14 on PARK VIEW ROAD.