3, FRENCHES ROAD, REDHILL, RH1 2HR - £525,000

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 FRENCHES ROAD is a small extended detached house of 116m², built sometime between 1950 and 1966. It was last sold for £525,000 in September 2021, which was around 34% below the average September 2021 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was April 2021, where the current energy rating was C, and the potential energy rating was B.

3 FRENCHES ROAD Sold Prices

Land registry data shows five sales for 3 FRENCHES ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. All of the five 3 FRENCHES 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
2021 29 SEP	£525,000	£791,383	34% below HPI
2014 2 MAY	£296,500	£577,045	49% below HPI
2005 22 SEP	£192,000	£425,767	55% below HPI
2001 10 JUL	£123,500	£306,243	60% below HPI
1998 25 FEB	£82,250	£188,634	56% below HPI

3 FRENCHES 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 five 3 FRENCHES ROAD sales between February 1998 and September 2021 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 2014 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the September 2021 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 3 FRENCHES ROAD?

3 FRENCHES ROAD is 116m², which includes two extensions, according to the EPC inspection conducted in April 2021. 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 FRENCHES ROAD lies on this distribution: 39% of detached houses are smaller than 3 FRENCHES ROAD, and 60% of houses are larger. Note that EPC data is not available for all properties in Redhill.

3 FRENCHES ROAD: Plot and Title Map

3 FRENCHES ROAD sits on a plot of roughly 0.047 of an acre, or 189m². The below map shows the location of 3 FRENCHES 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 FRENCHES 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 3 FRENCHES ROAD?

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