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
3 BROOK ROAD is a small extended detached house of 115m², built sometime between 1900 and 1929. It was last sold for £400,000 in May 2016, which was around 44% below the average May 2016 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was September 2024, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows three sales for 3 BROOK ROAD since 1st 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 3 BROOK 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 |
---|---|---|---|
2016 3 MAY | £400,000 | £709,506 | 44% below HPI |
2003 21 MAY | £220,000 | £389,060 | 43% below HPI |
1995 30 NOV | £74,000 | £150,052 | 51% below HPI |
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 3 BROOK ROAD sales between November 1995 and May 2016 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 May 2003 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the May 2016 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.
3 BROOK ROAD is 115m², which includes one extension, according to the EPC inspection conducted in September 2024. This puts it in the smallest 40% of detached houses in Redhill, based on EPC data. The below chart shows the distribution of detached houses by size in Redhill, and where 3 BROOK ROAD lies on this distribution: 38% of detached houses are smaller than 3 BROOK ROAD, and 62% of houses are larger. Note that EPC data is not available for all properties in Redhill.
3 BROOK ROAD sits on a plot of roughly 0.041 of an acre, or 165m². The below map shows the location of 3 BROOK 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 3 BROOK 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.
3 BROOK ROAD is located in REDHILL, in the RH1 postcode district. The below map shows the position of No. 3 on BROOK ROAD.