27, THE FRENCHES, REDHILL, RH1 2HF - £390,000

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 THE FRENCHES is a very small extended detached house of 91m², built sometime between 1976 and 1982. It was last sold for £390,000 in February 2019, which was around 47% below the average February 2019 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.

27 THE FRENCHES Sold Prices

Land registry data shows three sales for 27 THE FRENCHES 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 THE FRENCHES 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 21 FEB	£390,000	£736,393	47% below HPI
2012 5 OCT	£235,000	£529,520	56% below HPI
2007 20 DEC	£249,000	£509,766	51% below HPI

27 THE FRENCHES 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 THE FRENCHES sales between December 2007 and February 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 October 2012 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the February 2019 sale, where it rises to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 27 THE FRENCHES?

27 THE FRENCHES is 91m², which includes one extension, according to the EPC inspection conducted in May 2023. This puts it in the smallest 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 27 THE FRENCHES lies on this distribution: 17% of detached houses are smaller than 27 THE FRENCHES, and 82% of houses are larger. Note that EPC data is not available for all properties in Redhill.

27 THE FRENCHES: Plot and Title Map

27 THE FRENCHES sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of 27 THE FRENCHES, 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 THE FRENCHES). 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 THE FRENCHES?

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