20, RIDGEWAY ROAD, REDHILL, RH1 6PH - £600,000

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

20 RIDGEWAY ROAD is a very small extended detached house of 86m², built sometime between 1900 and 1929. It was last sold for £600,000 in January 2023, which was around 32% below the average January 2023 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was August 2022, where the current energy rating was E, and the potential energy rating was C.

20 RIDGEWAY ROAD Sold Prices

Land registry data shows two sales for 20 RIDGEWAY ROAD 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 20 RIDGEWAY ROAD 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
2023 6 JAN	£600,000	£881,676	32% below HPI
2015 3 AUG	£425,000	£683,930	38% below HPI

20 RIDGEWAY ROAD 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 20 RIDGEWAY ROAD sales from August 2015 and January 2023 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 August 2015 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the January 2023 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 20 RIDGEWAY ROAD?

20 RIDGEWAY ROAD is 86m², which includes one extension, according to the EPC inspection conducted in August 2022. 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 20 RIDGEWAY ROAD lies on this distribution: 12% of detached houses are smaller than 20 RIDGEWAY ROAD, and 87% of houses are larger. Note that EPC data is not available for all properties in Redhill.

20 RIDGEWAY ROAD: Plot and Title Map

20 RIDGEWAY ROAD sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 20 RIDGEWAY 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 20 RIDGEWAY 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 20 RIDGEWAY ROAD?

20 RIDGEWAY ROAD is located in REDHILL, in the RH1 postcode district. The below map shows the position of No. 20 on RIDGEWAY ROAD.