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

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

15 HILLVIEW DRIVE is a small extended detached house of 113m², built sometime between 1930 and 1949. It was last sold for £525,000 in December 2020, which was around 35% 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	£808,161	35% below HPI
1998 12 MAR	£147,950	£189,172	22% 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 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the December 2020 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

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 in Redhill, based on EPC data. The below chart shows the distribution of detached houses by size in Redhill, and where 15 HILLVIEW DRIVE lies on this distribution: 36% of detached 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.