23, FAIRHAVEN ROAD, REDHILL, RH1 2LB - £260,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

23 FAIRHAVEN ROAD is a small extended detached house of 104m², built sometime between 1930 and 1949, which could now be worth an estimated £474,278. It was last sold for £260,000 in December 2009, which was around 47% below the average December 2009 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was September 2009, where the current energy rating was E, and the potential energy rating was D.

23 FAIRHAVEN ROAD Sold Prices

Land registry data shows two sales for 23 FAIRHAVEN 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 23 FAIRHAVEN 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
2009 11 DEC	£260,000	£492,625	47% below HPI
2004 27 FEB	£218,500	£413,945	47% below HPI

23 FAIRHAVEN 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 23 FAIRHAVEN ROAD sales from February 2004 and December 2009 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 2004 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the December 2009 sale, which was also at 47% below the HPI.

What might 23 FAIRHAVEN ROAD be worth now?

23 FAIRHAVEN ROAD might now be worth an estimated £474,278.

This is based on house price inflation of 82.4%, between December 2009 and February 2025, for detached houses, in the Reigate and Banstead local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 82.4% inflationary increase is applied to the most recent sale price for 23 FAIRHAVEN ROAD of £260,000 on 11th December 2009. For the value to have increased from £260,000 to £474,278 over the sixteen years and ten months to February 2025, the following assumptions must hold true:

• The value of 23 FAIRHAVEN ROAD has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The December 2009 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 23 FAIRHAVEN ROAD has not materially changed since December 2009.

How Large is 23 FAIRHAVEN ROAD?

23 FAIRHAVEN ROAD is 104m², which includes one extension, according to the EPC inspection conducted in September 2009. This puts it in the smallest 30% of detached houses houses in Redhill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Redhill, and where 23 FAIRHAVEN ROAD lies on this distribution: 28% of detached houses houses are smaller than 23 FAIRHAVEN ROAD, and 72% of houses are larger. Note that EPC data is not available for all properties in Redhill.

23 FAIRHAVEN ROAD: Plot and Title Map

23 FAIRHAVEN ROAD sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of 23 FAIRHAVEN 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 23 FAIRHAVEN 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 23 FAIRHAVEN ROAD?

23 FAIRHAVEN ROAD is located in REDHILL, in the RH1 postcode district. The below map shows the position of No. 23 on FAIRHAVEN ROAD.