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

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

14 WOODFIELD CLOSE is a small extended detached house of 116m², built sometime between 1967 and 1975. It was last sold for £642,000 in May 2022, which was around 24% 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	£849,692	24% below HPI
2011 28 JAN	£340,000	£510,507	33% below HPI
2005 19 OCT	£290,000	£421,876	31% 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 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the May 2022 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

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 in Redhill, based on EPC data. The below chart shows the distribution of detached houses by size in Redhill, and where 14 WOODFIELD CLOSE lies on this distribution: 39% of detached houses are smaller than 14 WOODFIELD CLOSE, and 60% 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.