18, FAIRLAWN DRIVE, REDHILL, RH1 6JP - £710,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

18 FAIRLAWN DRIVE is a midsized detached house of 136m², built sometime between 1950 and 1966. It was last sold for £710,000 in May 2016, which was about the average May 2016 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was June 2014, where the current energy rating was E, and the potential energy rating was D.

18 FAIRLAWN DRIVE Sold Prices

Land registry data shows two sales for 18 FAIRLAWN 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. One of the two 18 FAIRLAWN DRIVE sales was roughly equal to the average price, whilst the other was 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
2016 12 MAY	£710,000	£709,506	Close to HPI
2008 31 MAR	£470,000	£498,197	6% below HPI

18 FAIRLAWN 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 18 FAIRLAWN DRIVE sales from March 2008 and May 2016 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 2008 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the May 2016 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 18 FAIRLAWN DRIVE?

18 FAIRLAWN DRIVE is 136m² according to the EPC inspection conducted in June 2014. This puts it in the largest 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 18 FAIRLAWN DRIVE lies on this distribution: 55% of detached houses are smaller than 18 FAIRLAWN DRIVE, and 45% of houses are larger. Note that EPC data is not available for all properties in Redhill.

18 FAIRLAWN DRIVE: Plot and Title Map

18 FAIRLAWN DRIVE sits on a plot of roughly 0.283 of an acre, or 1,146m². The below map shows the location of 18 FAIRLAWN 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 18 FAIRLAWN 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 18 FAIRLAWN DRIVE?

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