18, OSBORNE ROAD, REDHILL, RH1 2HX - £420,000

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.

18 OSBORNE ROAD is a very small extended terraced house of 81m², built sometime before 1900, which could now be worth an estimated £503,526. It was last sold for £420,000 in June 2019, which was around 17% above the average June 2019 terraced price in the Reigate and Banstead local authority area. The most recent EPC inspection was May 2009, where the current energy rating was D, and the potential energy rating was D.

18 OSBORNE ROAD Sold Prices

Land registry data shows five sales for 18 OSBORNE ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Reigate and Banstead local authority area for the corresponding sale date. All of the five 18 OSBORNE ROAD sales were 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
2019 20 JUN	£420,000	£358,515	17% above HPI
2014 26 SEP	£345,000	£304,261	13% above HPI
2009 11 DEC	£261,000	£229,984	13% above HPI
2002 26 JUL	£187,500	£154,488	21% above HPI
1997 12 DEC	£91,500	£85,170	7% above HPI

18 OSBORNE ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Reigate and Banstead local authority area over time, sourced from the HPI. The five 18 OSBORNE ROAD sales between December 1997 and June 2019 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 September 2014 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the June 2019 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 18 OSBORNE ROAD be worth now?

18 OSBORNE ROAD might now be worth an estimated £503,526.

This is based on house price inflation of 19.9%, between June 2019 and July 2025, for terraced 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 19.9% inflationary increase is applied to the most recent sale price for 18 OSBORNE ROAD of £420,000 on 20th June 2019. For the value to have increased from £420,000 to £503,526 over the five years and eleven months to July 2025, the following assumptions must hold true:

• The value of 18 OSBORNE ROAD has moved in line with the HPI for terraced houses in the Reigate and Banstead local authority area.
• The June 2019 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of 18 OSBORNE ROAD has not materially changed since June 2019.

How Large is 18 OSBORNE ROAD?

18 OSBORNE ROAD is 81m², which includes one extension, according to the EPC inspection conducted in May 2009. This puts it in the smallest 10% of terraced houses houses in Redhill, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Redhill, and where 18 OSBORNE ROAD lies on this distribution: 8% of terraced houses houses are smaller than 18 OSBORNE ROAD, and 92% of houses are larger. Note that EPC data is not available for all properties in Redhill.

18 OSBORNE ROAD: Plot and Title Map

18 OSBORNE ROAD sits on a plot of roughly 0.038 of an acre, or 153m². The below map shows the location of 18 OSBORNE 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 OSBORNE 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 OSBORNE ROAD?

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