17, CROFTERS CLOSE, REDHILL, RH1 6QX - £415,000

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.

17 CROFTERS CLOSE is a very small semi-detached house of 70m², built sometime between 2003 and 2006, which could now be worth an estimated £409,598. It was last sold for £415,000 in September 2022, which was around 23% below the average September 2022 semi-detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

17 CROFTERS CLOSE Sold Prices

Land registry data shows two sales for 17 CROFTERS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Reigate and Banstead local authority area for the corresponding sale date. One of the two 17 CROFTERS CLOSE sales was for below the average price, whilst the other was 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
2022 16 SEP	£415,000	£535,862	23% below HPI
2004 30 NOV	£273,000	£249,119	10% above HPI

17 CROFTERS CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Reigate and Banstead local authority area over time, sourced from the HPI. The two 17 CROFTERS CLOSE sales from November 2004 and September 2022 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 2004 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the September 2022 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 17 CROFTERS CLOSE be worth now?

17 CROFTERS CLOSE might now be worth an estimated £409,598.

This is based on house price deflation of 1.3%, between September 2022 and February 2025, for semi-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 1.3% deflationary decrease is applied to the most recent sale price for 17 CROFTERS CLOSE of £415,000 on 16th September 2022. For the value to have decreased from £415,000 to £409,598 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of 17 CROFTERS CLOSE has moved in line with the HPI for semi-detached houses in the Reigate and Banstead local authority area.
• The September 2022 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of 17 CROFTERS CLOSE has not materially changed since September 2022.

How Large is 17 CROFTERS CLOSE?

17 CROFTERS CLOSE is 70m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 10% of semi-detached houses houses in Redhill, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Redhill, and where 17 CROFTERS CLOSE lies on this distribution: 5% of semi-detached houses houses are smaller than 17 CROFTERS CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Redhill.

17 CROFTERS CLOSE: Plot and Title Map

17 CROFTERS CLOSE sits on a plot of roughly 2.5 acres, or 9,940m². The below map shows the location of 17 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 17 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 17 CROFTERS CLOSE?

17 CROFTERS CLOSE is located in REDHILL, in the RH1 postcode district. The below map shows the position of No. 17 on CROFTERS CLOSE.