16, WESTMEAD DRIVE, REDHILL, RH1 5DB - £445,000

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 WESTMEAD DRIVE is a midsized extended detached house of 135m², built sometime between 1950 and 1966, which could now be worth an estimated £505,484. It was last sold for £445,000 in June 2018, which was around 44% below the average June 2018 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was C.

16 WESTMEAD DRIVE Sold Prices

Land registry data shows two sales for 16 WESTMEAD 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 16 WESTMEAD 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
2018 1 JUN	£445,000	£791,095	44% below HPI
2003 24 JAN	£284,000	£405,624	30% below HPI

16 WESTMEAD 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 16 WESTMEAD DRIVE sales from January 2003 and June 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 January 2003 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the June 2018 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

What might 16 WESTMEAD DRIVE be worth now?

16 WESTMEAD DRIVE might now be worth an estimated £505,484.

This is based on house price inflation of 13.6%, between June 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 13.6% inflationary increase is applied to the most recent sale price for 16 WESTMEAD DRIVE of £445,000 on 1st June 2018. For the value to have increased from £445,000 to £505,484 over the seven years and four months to February 2025, the following assumptions must hold true:

• The value of 16 WESTMEAD DRIVE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The June 2018 sale price of £445,000 represented a fair market value for the property.
• The size, condition, and specification of 16 WESTMEAD DRIVE has not materially changed since June 2018.

How Large is 16 WESTMEAD DRIVE?

16 WESTMEAD DRIVE is 135m², which includes two extensions, according to the EPC inspection conducted in June 2017. This puts it in the largest 50% of detached houses houses in Salfords, based on EPC data. The below chart shows the distribution of detached houses houses by size in Salfords, and where 16 WESTMEAD DRIVE lies on this distribution: 51% of detached houses houses are smaller than 16 WESTMEAD DRIVE, and 49% of houses are larger. Note that EPC data is not available for all properties in Salfords.

16 WESTMEAD DRIVE: Plot and Title Map

16 WESTMEAD DRIVE sits on a plot of roughly 0.163 of an acre, or 660m². The below map shows the location of 16 WESTMEAD 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 16 WESTMEAD 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 16 WESTMEAD DRIVE?

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