23A, TOLLGATE AVENUE, REDHILL, RH1 5HR - £625,000

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.

23A TOLLGATE AVENUE is a small extended semi-detached house of 109m², built sometime between 2007 and 2011, which could now be worth an estimated £674,013. It was last sold for £625,000 in February 2022, which was around 27% above the average February 2022 semi-detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.

23A TOLLGATE AVENUE Sold Prices

Land registry data shows three sales for 23A TOLLGATE AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Reigate and Banstead local authority area for the corresponding sale date. Two of the three 23A TOLLGATE AVENUE sales were for above the average price, whilst one was 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
2022 4 FEB	£625,000	£490,427	27% above HPI
2009 3 FEB	£295,000	£249,796	18% above HPI
2006 3 MAY	£210,000	£258,749	19% below HPI

23A TOLLGATE AVENUE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Reigate and Banstead local authority area over time, sourced from the HPI. The three 23A TOLLGATE AVENUE sales between May 2006 and February 2022 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 2009 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the February 2022 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might 23A TOLLGATE AVENUE be worth now?

23A TOLLGATE AVENUE might now be worth an estimated £674,013.

This is based on house price inflation of 7.8%, between February 2022 and February 2025, for semi-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 7.8% inflationary increase is applied to the most recent sale price for 23A TOLLGATE AVENUE of £625,000 on 4th February 2022. For the value to have increased from £625,000 to £674,013 over the three years to February 2025, the following assumptions must hold true:

• The value of 23A TOLLGATE AVENUE has moved in line with the HPI for semi-detached houses in the Reigate and Banstead local authority area.
• The February 2022 sale price of £625,000 represented a fair market value for the property.
• The size, condition, and specification of 23A TOLLGATE AVENUE has not materially changed since February 2022.

How Large is 23A TOLLGATE AVENUE?

23A TOLLGATE AVENUE is 109m², which includes one extension, according to the EPC inspection conducted in August 2021. This puts it in the smallest 40% of semi-detached houses houses in Redhill, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Redhill, and where 23A TOLLGATE AVENUE lies on this distribution: 32% of semi-detached houses houses are smaller than 23A TOLLGATE AVENUE, and 67% of houses are larger. Note that EPC data is not available for all properties in Redhill.

23A TOLLGATE AVENUE: Plot and Title Map

23A TOLLGATE AVENUE sits on a plot of roughly 0.115 of an acre, or 466m². The below map shows the location of 23A TOLLGATE AVENUE, 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 23A TOLLGATE AVENUE). 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 23A TOLLGATE AVENUE?

23A TOLLGATE AVENUE is located in REDHILL, in the RH1 postcode district. The below map shows the position of No. 23A on TOLLGATE AVENUE.