173, GARLANDS ROAD, REDHILL, RH1 6NY - £548,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

173 GARLANDS ROAD is a midsized extended detached house of 123m², built sometime before 1900. It was last sold for £548,000 in March 2020, which was around 28% below the average March 2020 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was October 2019, where the current energy rating was E, and the potential energy rating was B.

173 GARLANDS ROAD Sold Prices

Land registry data shows four sales for 173 GARLANDS ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. All of the four 173 GARLANDS ROAD 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
2020 13 MAR	£548,000	£763,212	28% below HPI
2012 16 MAR	£306,000	£500,396	39% below HPI
2007 21 SEP	£302,500	£508,290	40% below HPI
1998 27 NOV	£118,000	£212,641	45% below HPI

173 GARLANDS ROAD 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 four 173 GARLANDS ROAD sales between November 1998 and March 2020 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 March 2012 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the March 2020 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 173 GARLANDS ROAD?

173 GARLANDS ROAD is 123m², which includes two extensions, according to the EPC inspection conducted in October 2019. This puts it in the smallest 50% of detached houses in Redhill, based on EPC data. The below chart shows the distribution of detached houses by size in Redhill, and where 173 GARLANDS ROAD lies on this distribution: 45% of detached houses are smaller than 173 GARLANDS ROAD, and 54% of houses are larger. Note that EPC data is not available for all properties in Redhill.

173 GARLANDS ROAD: Plot and Title Map

173 GARLANDS ROAD sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 173 GARLANDS ROAD, 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 173 GARLANDS ROAD). 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 173 GARLANDS ROAD?

173 GARLANDS ROAD is located in REDHILL, in the RH1 postcode district. The below map shows the position of No. 173 on GARLANDS ROAD.