15, THE FAIRWAYS, REDHILL, RH1 6LP - £920,000

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 THE FAIRWAYS is a very large detached house of 201m², built sometime between 1996 and 2002, which could now be worth an estimated £1,181,549. It was last sold for £920,000 in July 2015, which was around 31% above the average July 2015 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was April 2015, where the current energy rating was C, and the potential energy rating was B.

15 THE FAIRWAYS Sold Prices

Land registry data shows two sales for 15 THE FAIRWAYS 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 THE FAIRWAYS sales were for above 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
2015 30 JUL	£920,000	£702,632	31% above HPI
1998 25 SEP	£365,000	£223,238	64% above HPI

15 THE FAIRWAYS 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 THE FAIRWAYS sales from September 1998 and July 2015 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 September 1998 sale was for 64% above the HPI. So the extrapolation line tracks at 64% above the HPI over time, until the July 2015 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 15 THE FAIRWAYS be worth now?

15 THE FAIRWAYS might now be worth an estimated £1,181,549.

This is based on house price inflation of 28.4%, between July 2015 and December 2024, 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 28.4% inflationary increase is applied to the most recent sale price for 15 THE FAIRWAYS of £920,000 on 30th July 2015. For the value to have increased from £920,000 to £1,181,549 over the eight years and seven months to December 2024, the following assumptions must hold true:

• The value of 15 THE FAIRWAYS has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The July 2015 sale price of £920,000 represented a fair market value for the property.
• The size, condition, and specification of 15 THE FAIRWAYS has not materially changed since July 2015.

How Large is 15 THE FAIRWAYS?

15 THE FAIRWAYS is 201m² according to the EPC inspection conducted in April 2015. This puts it in the largest 20% 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 THE FAIRWAYS lies on this distribution: 85% of detached houses houses are smaller than 15 THE FAIRWAYS, and 14% of houses are larger. Note that EPC data is not available for all properties in Redhill.

15 THE FAIRWAYS: Plot and Title Map

15 THE FAIRWAYS sits on a plot of roughly 0.204 of an acre, or 826m². The below map shows the location of 15 THE FAIRWAYS, 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 THE FAIRWAYS). 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 THE FAIRWAYS?

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