1A, WESTWAY GARDENS, REDHILL, RH1 2JA - £505,000

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

1A WESTWAY GARDENS is a very small detached house of 85m², built sometime between 1991 and 1995. It was last sold for £505,000 in February 2022, which was around 39% below the average February 2022 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was B.

1A WESTWAY GARDENS Sold Prices

Land registry data shows two sales for 1A WESTWAY GARDENS 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. Both of the two 1A WESTWAY GARDENS 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
2022 1 FEB	£505,000	£826,620	39% below HPI
1995 27 JUN	£107,995	£145,181	26% below HPI

1A WESTWAY GARDENS 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 1A WESTWAY GARDENS sales from June 1995 and February 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 June 1995 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the February 2022 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 1A WESTWAY GARDENS?

1A WESTWAY GARDENS is 85m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 20% of detached houses in Redhill, based on EPC data. The below chart shows the distribution of detached houses by size in Redhill, and where 1A WESTWAY GARDENS lies on this distribution: 10% of detached houses are smaller than 1A WESTWAY GARDENS, and 89% of houses are larger. Note that EPC data is not available for all properties in Redhill.

1A WESTWAY GARDENS: Plot and Title Map

1A WESTWAY GARDENS sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 1A WESTWAY GARDENS, 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 1A WESTWAY GARDENS). 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 1A WESTWAY GARDENS?

1A WESTWAY GARDENS is located in REDHILL, in the RH1 postcode district. The below map shows the position of No. 1A on WESTWAY GARDENS.