21, SOMERSET ROAD, REDHILL, RH1 6LT - £382,400

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

21 SOMERSET ROAD is a very small extended detached house of 65m², built sometime before 1900. It was last sold for £382,400 in October 2016, which was around 49% below the average October 2016 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was March 2016, where the current energy rating was E, and the potential energy rating was C.

21 SOMERSET ROAD Sold Prices

Land registry data shows five sales for 21 SOMERSET ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. All of the five 21 SOMERSET 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
2016 21 OCT	£382,400	£743,384	49% below HPI
2010 1 OCT	£272,750	£497,128	45% below HPI
2006 5 OCT	£250,000	£436,876	43% below HPI
2001 26 JAN	£153,000	£292,702	48% below HPI
1996 4 APR	£82,500	£144,284	43% below HPI

21 SOMERSET 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 five 21 SOMERSET ROAD sales between April 1996 and October 2016 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 October 2010 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the October 2016 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 21 SOMERSET ROAD?

21 SOMERSET ROAD is 65m², which includes one extension, according to the EPC inspection conducted in March 2016. 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 21 SOMERSET ROAD lies on this distribution: 3% of detached houses are smaller than 21 SOMERSET ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Redhill.

21 SOMERSET ROAD: Plot and Title Map

21 SOMERSET ROAD sits on a plot of roughly 0.032 of an acre, or 131m². The below map shows the location of 21 SOMERSET 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 21 SOMERSET 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 21 SOMERSET ROAD?

21 SOMERSET ROAD is located in REDHILL, in the RH1 postcode district. The below map shows the position of No. 21 on SOMERSET ROAD.