3, HONEYCROCK LANE, REDHILL, RH1 5DG - £680,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 HONEYCROCK LANE is a very large extended detached house of 193m², built sometime between 1930 and 1949. It was last sold for £680,000 in July 2016, which was around 9% below the average July 2016 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was C.

3 HONEYCROCK LANE Sold Prices

Land registry data shows two sales for 3 HONEYCROCK LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. Both of the two 3 HONEYCROCK LANE 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 19 JUL	£680,000	£743,675	9% below HPI
2003 19 NOV	£282,000	£391,382	28% below HPI

3 HONEYCROCK LANE 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 two 3 HONEYCROCK LANE sales from November 2003 and July 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 November 2003 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the July 2016 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 3 HONEYCROCK LANE?

3 HONEYCROCK LANE is 193m², which includes two extensions, according to the EPC inspection conducted in March 2024. This puts it in the largest 20% of detached houses in Salfords, based on EPC data. The below chart shows the distribution of detached houses by size in Salfords, and where 3 HONEYCROCK LANE lies on this distribution: 83% of detached houses are smaller than 3 HONEYCROCK LANE, and 17% of houses are larger. Note that EPC data is not available for all properties in Salfords.

3 HONEYCROCK LANE: Plot and Title Map

3 HONEYCROCK LANE sits on a plot of roughly 0.136 of an acre, or 549m². The below map shows the location of 3 HONEYCROCK LANE, 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 HONEYCROCK LANE). 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 HONEYCROCK LANE?

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