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 WINDMILL DRIVE is a small extended detached house of 105m², built sometime between 1967 and 1975. It was last sold for £710,000 in May 2023, which was around 18% below the average May 2023 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 15 WINDMILL DRIVE since 1st 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 WINDMILL 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 |
---|---|---|---|
2023 10 MAY | £710,000 | £865,214 | 18% below HPI |
2005 4 APR | £383,000 | £408,957 | 6% below HPI |
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 WINDMILL DRIVE sales from April 2005 and May 2023 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 April 2005 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the May 2023 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.
15 WINDMILL DRIVE is 105m², which includes one extension, according to the EPC inspection conducted in October 2022. 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 WINDMILL DRIVE lies on this distribution: 29% of detached houses are smaller than 15 WINDMILL DRIVE, and 70% of houses are larger. Note that EPC data is not available for all properties in Redhill.
15 WINDMILL DRIVE sits on a plot of roughly 0.103 of an acre, or 417m². The below map shows the location of 15 WINDMILL 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 WINDMILL 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.
15 WINDMILL DRIVE is located in REIGATE, in the RH2 postcode district. The below map shows the position of No. 15 on WINDMILL DRIVE.