15, ASH DRIVE, REDHILL, RH1 6RR - £297,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

15 ASH DRIVE is a very small semi-detached house of 58m², built sometime between 1983 and 1990, which could now be worth an estimated £336,956. It was last sold for £297,500 in May 2021, which was around 36% below the average May 2021 semi-detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was B.

15 ASH DRIVE Sold Prices

Land registry data shows four sales for 15 ASH DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Reigate and Banstead local authority area for the corresponding sale date. All of the four 15 ASH 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
2021 14 MAY	£297,500	£466,957	36% below HPI
2015 27 NOV	£277,500	£407,533	32% below HPI
2004 9 JAN	£207,000	£231,627	11% below HPI
1996 26 JUN	£84,000	£86,808	3% below HPI

15 ASH DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Reigate and Banstead local authority area over time, sourced from the HPI. The four 15 ASH DRIVE sales between June 1996 and May 2021 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 November 2015 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the May 2021 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 15 ASH DRIVE be worth now?

15 ASH DRIVE might now be worth an estimated £336,956.

This is based on house price inflation of 13.3%, between May 2021 and February 2025, for semi-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 13.3% inflationary increase is applied to the most recent sale price for 15 ASH DRIVE of £297,500 on 14th May 2021. For the value to have increased from £297,500 to £336,956 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of 15 ASH DRIVE has moved in line with the HPI for semi-detached houses in the Reigate and Banstead local authority area.
• The May 2021 sale price of £297,500 represented a fair market value for the property.
• The size, condition, and specification of 15 ASH DRIVE has not materially changed since May 2021.

How Large is 15 ASH DRIVE?

15 ASH DRIVE is 58m² according to the EPC inspection conducted in October 2020. This puts it in the smallest 10% of semi-detached houses houses in Redhill, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Redhill, and where 15 ASH DRIVE lies on this distribution: 2% of semi-detached houses houses are smaller than 15 ASH DRIVE, and 98% of houses are larger. Note that EPC data is not available for all properties in Redhill.

15 ASH DRIVE: Plot and Title Map

15 ASH DRIVE sits on a plot of roughly 0.039 of an acre, or 158m². The below map shows the location of 15 ASH 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 15 ASH 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 15 ASH DRIVE?

15 ASH DRIVE is located in REDHILL, in the RH1 postcode district. The below map shows the position of No. 15 on ASH DRIVE.