14, WOODFIELD CLOSE, REDHILL, RH1 2DL - £642,000

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 WOODFIELD CLOSE is a small extended detached house of 116m², built sometime between 1967 and 1975, which could now be worth an estimated £647,336. It was last sold for £642,000 in May 2022, which was around 28% below the average May 2022 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was C.

14 WOODFIELD CLOSE Sold Prices

Land registry data shows three sales for 14 WOODFIELD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. All of the three 14 WOODFIELD CLOSE 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 13 MAY	£642,000	£891,212	28% below HPI
2011 28 JAN	£340,000	£535,453	37% below HPI
2005 19 OCT	£290,000	£442,491	34% below HPI

14 WOODFIELD CLOSE 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 three 14 WOODFIELD CLOSE sales between October 2005 and May 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 January 2011 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the May 2022 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 14 WOODFIELD CLOSE be worth now?

14 WOODFIELD CLOSE might now be worth an estimated £647,336.

This is based on house price inflation of 0.8%, between May 2022 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 0.8% inflationary increase is applied to the most recent sale price for 14 WOODFIELD CLOSE of £642,000 on 13th May 2022. For the value to have increased from £642,000 to £647,336 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of 14 WOODFIELD CLOSE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The May 2022 sale price of £642,000 represented a fair market value for the property.
• The size, condition, and specification of 14 WOODFIELD CLOSE has not materially changed since May 2022.

How Large is 14 WOODFIELD CLOSE?

14 WOODFIELD CLOSE is 116m², which includes one extension, according to the EPC inspection conducted in March 2020. This puts it in the smallest 40% of detached houses houses in Redhill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Redhill, and where 14 WOODFIELD CLOSE lies on this distribution: 39% of detached houses houses are smaller than 14 WOODFIELD CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Redhill.

14 WOODFIELD CLOSE: Plot and Title Map

14 WOODFIELD CLOSE sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of 14 WOODFIELD CLOSE, 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 WOODFIELD CLOSE). 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 WOODFIELD CLOSE?

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