27, COMMON ROAD, REDHILL, RH1 6HG - £382,000

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

27 COMMON ROAD is a very small extended detached house of 74m², built sometime before 1900. It was last sold for £382,000 in October 2017, which was around 50% below the average October 2017 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was June 2017, where the current energy rating was E, and the potential energy rating was B.

27 COMMON ROAD Sold Prices

Land registry data shows three sales for 27 COMMON 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 27 COMMON 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
2017 16 OCT	£382,000	£764,858	50% below HPI
2008 17 JUL	£250,000	£503,543	50% below HPI
1998 4 DEC	£53,000	£209,713	75% below HPI

27 COMMON 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 27 COMMON ROAD sales between December 1998 and October 2017 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 July 2008 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the October 2017 sale, which was also at 50% below the HPI.

How Large is 27 COMMON ROAD?

27 COMMON ROAD is 74m², which includes one extension, according to the EPC inspection conducted in June 2017. This puts it in the smallest 10% of detached houses in Redhill, based on EPC data. The below chart shows the distribution of detached houses by size in Redhill, and where 27 COMMON ROAD lies on this distribution: 6% of detached houses are smaller than 27 COMMON ROAD, and 94% of houses are larger. Note that EPC data is not available for all properties in Redhill.

27 COMMON ROAD: Plot and Title Map

27 COMMON ROAD sits on a plot of roughly 0.024 of an acre, or 95m². The below map shows the location of 27 COMMON 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 27 COMMON 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 27 COMMON ROAD?

27 COMMON ROAD is located in REDHILL, in the RH1 postcode district. The below map shows the position of No. 27 on COMMON ROAD.