15, HILLVIEW DRIVE, REDHILL, RH1 4DQ - £525,000

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.

15 HILLVIEW DRIVE is a small extended detached house of 113m², built sometime between 1930 and 1949, which could now be worth an estimated £556,568. It was last sold for £525,000 in December 2020, which was around 38% below the average December 2020 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was C.

15 HILLVIEW DRIVE Sold Prices

Land registry data shows two sales for 15 HILLVIEW 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 15 HILLVIEW 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
2020 11 DEC	£525,000	£847,651	38% below HPI
1998 12 MAR	£147,950	£198,416	25% below HPI

15 HILLVIEW 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 15 HILLVIEW DRIVE sales from March 1998 and December 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 March 1998 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the December 2020 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 15 HILLVIEW DRIVE be worth now?

15 HILLVIEW DRIVE might now be worth an estimated £556,568.

This is based on house price inflation of 6%, between December 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 6% inflationary increase is applied to the most recent sale price for 15 HILLVIEW DRIVE of £525,000 on 11th December 2020. For the value to have increased from £525,000 to £556,568 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 15 HILLVIEW DRIVE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The December 2020 sale price of £525,000 represented a fair market value for the property.
• The size, condition, and specification of 15 HILLVIEW DRIVE has not materially changed since December 2020.

How Large is 15 HILLVIEW DRIVE?

15 HILLVIEW DRIVE is 113m², which includes one extension, according to the EPC inspection conducted in April 2017. 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 15 HILLVIEW DRIVE lies on this distribution: 36% of detached houses houses are smaller than 15 HILLVIEW DRIVE, and 63% of houses are larger. Note that EPC data is not available for all properties in Redhill.

15 HILLVIEW DRIVE: Plot and Title Map

15 HILLVIEW DRIVE sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 15 HILLVIEW 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 HILLVIEW 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 HILLVIEW DRIVE?

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