22, PARK VIEW ROAD, REDHILL, RH1 5DN - £440,000

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

22 PARK VIEW ROAD is a very small extended detached house of 72m², built sometime between 1900 and 1929. It was last sold for £440,000 in December 2019, which was around 42% below the average December 2019 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was October 2019, where the current energy rating was E, and the potential energy rating was C.

22 PARK VIEW ROAD Sold Prices

Land registry data shows three sales for 22 PARK VIEW ROAD 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 22 PARK VIEW 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
2019 18 DEC	£440,000	£758,389	42% below HPI
2010 8 DEC	£331,000	£506,609	35% below HPI
2002 30 AUG	£212,500	£353,639	40% below HPI

22 PARK VIEW 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 three 22 PARK VIEW ROAD sales between August 2002 and December 2019 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 December 2010 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the December 2019 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 22 PARK VIEW ROAD?

22 PARK VIEW ROAD is 72m², which includes three extensions, according to the EPC inspection conducted in October 2019. This puts it in the smallest 10% of detached houses in Salfords, based on EPC data. The below chart shows the distribution of detached houses by size in Salfords, and where 22 PARK VIEW ROAD lies on this distribution: 4% of detached houses are smaller than 22 PARK VIEW ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Salfords.

22 PARK VIEW ROAD: Plot and Title Map

22 PARK VIEW ROAD sits on a plot of roughly 0.132 of an acre, or 534m². The below map shows the location of 22 PARK VIEW 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 PARK VIEW 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 PARK VIEW ROAD?

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