22, IFOLD ROAD, REDHILL, RH1 6EG - £325,000

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

22 IFOLD ROAD is a small extended detached house of 110m², built sometime between 1900 and 1929. It was last sold for £325,000 in February 2015, which was around 49% below the average February 2015 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was C.

22 IFOLD ROAD Sold Prices

Land registry data shows two sales for 22 IFOLD 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 22 IFOLD 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
2015 23 FEB	£325,000	£639,823	49% below HPI
1999 3 AUG	£136,000	£230,372	41% below HPI

22 IFOLD 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 22 IFOLD ROAD sales from August 1999 and February 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 August 1999 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the February 2015 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 22 IFOLD ROAD?

22 IFOLD ROAD is 110m², which includes one extension, according to the EPC inspection conducted in January 2013. This puts it in the smallest 40% of detached houses in Redhill, based on EPC data. The below chart shows the distribution of detached houses by size in Redhill, and where 22 IFOLD ROAD lies on this distribution: 33% of detached houses are smaller than 22 IFOLD ROAD, and 66% of houses are larger. Note that EPC data is not available for all properties in Redhill.

22 IFOLD ROAD: Plot and Title Map

22 IFOLD ROAD sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 22 IFOLD 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 22 IFOLD 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 22 IFOLD ROAD?

22 IFOLD ROAD is located in REDHILL, in the RH1 postcode district. The below map shows the position of No. 22 on IFOLD ROAD.