18, CLARENCE ROAD, REDHILL, RH1 6NG - £725,000

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

18 CLARENCE ROAD is a large extended detached house of 183m², built sometime between 1930 and 1949. It was last sold for £725,000 in January 2011, which was around 42% above the average January 2011 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was May 2010, where the current energy rating was D, and the potential energy rating was C.

18 CLARENCE ROAD Sold Prices

Land registry data shows three sales for 18 CLARENCE ROAD 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. The three 18 CLARENCE ROAD sales were a mix of above the average price, and roughly equal to 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
2011 27 JAN	£725,000	£510,507	42% above HPI
2005 16 DEC	£530,000	£415,586	28% above HPI
2003 6 FEB	£380,000	£380,712	Close to HPI

18 CLARENCE 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 three 18 CLARENCE ROAD sales between February 2003 and January 2011 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 December 2005 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the January 2011 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.

How Large is 18 CLARENCE ROAD?

18 CLARENCE ROAD is 183m², which includes one extension, according to the EPC inspection conducted in May 2010. This puts it in the largest 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 18 CLARENCE ROAD lies on this distribution: 80% of detached houses are smaller than 18 CLARENCE ROAD, and 20% of houses are larger. Note that EPC data is not available for all properties in Redhill.

18 CLARENCE ROAD: Plot and Title Map

18 CLARENCE ROAD sits on a plot of roughly 0.373 of an acre, or 1,510m². The below map shows the location of 18 CLARENCE 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 18 CLARENCE 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 18 CLARENCE ROAD?

18 CLARENCE ROAD is located in REDHILL, in the RH1 postcode district. The below map shows the position of No. 18 on CLARENCE ROAD.