3, BROOKLANDS WAY, REDHILL, RH1 2BN - £550,000

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

3 BROOKLANDS WAY is a small extended semi-detached house of 98m², built sometime between 1976 and 1982. It was last sold for £550,000 in October 2018, which was around 27% below the average October 2018 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was January 2015, where the current energy rating was C, and the potential energy rating was B.

3 BROOKLANDS WAY Sold Prices

Land registry data shows three sales for 3 BROOKLANDS 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. All of the three 3 BROOKLANDS WAY 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
2018 2 OCT	£550,000	£758,149	27% below HPI
2015 1 MAY	£465,000	£644,013	28% below HPI
2006 22 AUG	£285,000	£437,262	35% below HPI

3 BROOKLANDS 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 3 BROOKLANDS WAY sales between August 2006 and October 2018 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 2015 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the October 2018 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 3 BROOKLANDS WAY?

3 BROOKLANDS WAY is 98m², which includes one extension, according to the EPC inspection conducted in January 2015. This puts it in the smallest 30% 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 BROOKLANDS WAY lies on this distribution: 24% of detached houses are smaller than 3 BROOKLANDS WAY, and 76% of houses are larger. Note that EPC data is not available for all properties in Redhill.

3 BROOKLANDS WAY: Plot and Title Map

3 BROOKLANDS WAY sits on a plot of roughly 0.109 of an acre, or 440m². The below map shows the location of 3 BROOKLANDS 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 3 BROOKLANDS 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 3 BROOKLANDS WAY?

3 BROOKLANDS WAY is located in REDHILL, in the RH1 postcode district. The below map shows the position of No. 3 on BROOKLANDS WAY.