16, CROFTERS CLOSE, REDHILL, RH1 6QX - £342,500

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.

16 CROFTERS CLOSE is a very small detached house of 66m², built sometime from 2007 onwards, which could now be worth an estimated £386,429. It was last sold for £342,500 in November 2018, which was around 57% below the average November 2018 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was July 2011, where the current energy rating was C, and the potential energy rating was C.

16 CROFTERS CLOSE Sold Prices

Land registry data shows three sales for 16 CROFTERS CLOSE 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 16 CROFTERS CLOSE 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
2018 30 NOV	£342,500	£796,466	57% below HPI
2012 2 MAY	£240,000	£526,214	54% below HPI
2004 30 NOV	£249,950	£432,113	42% below HPI

16 CROFTERS CLOSE 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 16 CROFTERS CLOSE sales between November 2004 and November 2018 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 May 2012 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the November 2018 sale, where it falls to 57% below the HPI. The line then continues to track at 57% below the HPI.

What might 16 CROFTERS CLOSE be worth now?

16 CROFTERS CLOSE might now be worth an estimated £386,429.

This is based on house price inflation of 12.8%, between November 2018 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 12.8% inflationary increase is applied to the most recent sale price for 16 CROFTERS CLOSE of £342,500 on 30th November 2018. For the value to have increased from £342,500 to £386,429 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of 16 CROFTERS CLOSE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The November 2018 sale price of £342,500 represented a fair market value for the property.
• The size, condition, and specification of 16 CROFTERS CLOSE has not materially changed since November 2018.

How Large is 16 CROFTERS CLOSE?

16 CROFTERS CLOSE is 66m² according to the EPC inspection conducted in July 2011. This puts it in the smallest 10% 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 16 CROFTERS CLOSE lies on this distribution: 3% of detached houses houses are smaller than 16 CROFTERS CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Redhill.

16 CROFTERS CLOSE: Plot and Title Map

16 CROFTERS CLOSE sits on a plot of roughly 2.5 acres, or 9,940m². The below map shows the location of 16 CROFTERS CLOSE, 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 16 CROFTERS CLOSE). 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 16 CROFTERS CLOSE?

16 CROFTERS CLOSE is located in REDHILL, in the RH1 postcode district. The below map shows the position of No. 16 on CROFTERS CLOSE.