2, WILLOW WALK, REDHILL, RH1 6RP - £269,950

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

2 WILLOW WALK is a very small detached house of 54m², built sometime between 1983 and 1990. It was last sold for £269,950 in November 2015, which was around 61% below the average November 2015 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

2 WILLOW WALK Sold Prices

Land registry data shows three sales for 2 WILLOW WALK 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. All of the three 2 WILLOW WALK 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
2015 27 NOV	£269,950	£689,288	61% below HPI
2002 21 FEB	£154,000	£327,280	53% below HPI
1996 15 JUL	£56,250	£150,836	63% below HPI

2 WILLOW WALK 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 2 WILLOW WALK sales between July 1996 and November 2015 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 February 2002 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the November 2015 sale, where it falls to 61% below the HPI. The line then continues to track at 61% below the HPI.

How Large is 2 WILLOW WALK?

2 WILLOW WALK is 54m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 10% of detached houses in Redhill, based on EPC data. The below chart shows the distribution of detached houses by size in Redhill, and where 2 WILLOW WALK lies on this distribution: 1% of detached houses are smaller than 2 WILLOW WALK, and 99% of houses are larger. Note that EPC data is not available for all properties in Redhill.

2 WILLOW WALK: Plot and Title Map

2 WILLOW WALK sits on a plot of roughly 0.022 of an acre, or 87m². The below map shows the location of 2 WILLOW WALK, 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 WILLOW WALK). 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 WILLOW WALK?

2 WILLOW WALK is located in REDHILL, in the RH1 postcode district. The below map shows the position of No. 2 on WILLOW WALK.