15, SYLVAN WAY, REDHILL, RH1 4DE - £471,000

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 SYLVAN WAY is a small extended detached house of 101m², built sometime between 1930 and 1949. It was last sold for £471,000 in February 2019, which was around 36% below the average February 2019 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was November 2012, where the current energy rating was D, and the potential energy rating was C.

15 SYLVAN WAY Sold Prices

Land registry data shows three sales for 15 SYLVAN WAY 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 15 SYLVAN WAY 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
2019 7 FEB	£471,000	£736,393	36% below HPI
2013 1 NOV	£322,750	£548,482	41% below HPI
2002 8 MAY	£150,000	£334,875	55% below HPI

15 SYLVAN WAY 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 15 SYLVAN WAY sales between May 2002 and February 2019 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 2013 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the February 2019 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 15 SYLVAN WAY?

15 SYLVAN WAY is 101m², which includes one extension, according to the EPC inspection conducted in November 2012. This puts it in the smallest 30% 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 SYLVAN WAY lies on this distribution: 26% of detached houses are smaller than 15 SYLVAN WAY, and 73% of houses are larger. Note that EPC data is not available for all properties in Redhill.

15 SYLVAN WAY: Plot and Title Map

15 SYLVAN WAY sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of 15 SYLVAN WAY, 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 SYLVAN WAY). 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 SYLVAN WAY?

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