24, SYLVAN WAY, REDHILL, RH1 4DE - £795,000

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

24 SYLVAN WAY is a very large extended detached house of 208m², built sometime between 1950 and 1966. It was last sold for £795,000 in October 2019, which was around 5% above the average October 2019 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was July 2019, where the current energy rating was C, and the potential energy rating was B.

24 SYLVAN WAY Sold Prices

Land registry data shows three sales for 24 SYLVAN WAY 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. One of the three 24 SYLVAN WAY sales was for above the average price, whilst two 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 25 OCT	£795,000	£760,485	5% above HPI
2009 11 DEC	£418,500	£469,674	11% below HPI
2002 19 AUG	£210,000	£353,639	41% below HPI

24 SYLVAN WAY 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 24 SYLVAN WAY sales between August 2002 and October 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 2009 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the October 2019 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 24 SYLVAN WAY?

24 SYLVAN WAY is 208m², which includes two extensions, according to the EPC inspection conducted in July 2019. This puts it in the largest 20% of detached houses in Redhill, based on EPC data. The below chart shows the distribution of detached houses by size in Redhill, and where 24 SYLVAN WAY lies on this distribution: 88% of detached houses are smaller than 24 SYLVAN WAY, and 12% of houses are larger. Note that EPC data is not available for all properties in Redhill.

24 SYLVAN WAY: Plot and Title Map

24 SYLVAN WAY sits on a plot of roughly 0.175 of an acre, or 709m². The below map shows the location of 24 SYLVAN WAY, 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 24 SYLVAN WAY). 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 24 SYLVAN WAY?

24 SYLVAN WAY is located in REDHILL, in the RH1 postcode district. The below map shows the position of No. 24 on SYLVAN WAY.