2, BOWER HILL CLOSE, SOUTH NUTFIELD, REDHILL, RH1 5NQ - £327,000

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

2 BOWER HILL CLOSE is a very small detached house of 78m², built sometime between 1950 and 1966. It was last sold for £327,000 in October 2013, which was around 43% below the average October 2013 detached price in the Tandridge local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was C.

2 BOWER HILL CLOSE Sold Prices

Land registry data shows two sales for 2 BOWER HILL CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Tandridge local authority area for the corresponding sale date. Both of the two 2 BOWER HILL CLOSE 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
2013 14 OCT	£327,000	£569,118	43% below HPI
1995 8 SEP	£120,000	£161,638	26% below HPI

2 BOWER HILL CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tandridge local authority area over time, sourced from the HPI. The two 2 BOWER HILL CLOSE sales from September 1995 and October 2013 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 1995 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the October 2013 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 2 BOWER HILL CLOSE?

2 BOWER HILL CLOSE is 78m² according to the EPC inspection conducted in April 2013. This puts it in the smallest 10% of detached houses in South Nutfield, based on EPC data. The below chart shows the distribution of detached houses by size in South Nutfield, and where 2 BOWER HILL CLOSE lies on this distribution: 6% of detached houses are smaller than 2 BOWER HILL CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in South Nutfield.

2 BOWER HILL CLOSE: Plot and Title Map

2 BOWER HILL CLOSE sits on a plot of roughly 0.142 of an acre, or 573m². The below map shows the location of 2 BOWER HILL CLOSE, 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 2 BOWER HILL CLOSE). 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 2 BOWER HILL CLOSE?

2 BOWER HILL CLOSE is located in SOUTH NUTFIELD, in the RH1 postcode district. The below map shows the position of No. 2 on BOWER HILL CLOSE.