3, OSBORNE ROAD, REDHILL, RH1 2HX - £433,500

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 OSBORNE ROAD is a very small extended semi-detached house of 83m², built sometime between 1930 and 1949. It was last sold for £433,500 in June 2023, which was around 50% below the average June 2023 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was C.

3 OSBORNE ROAD Sold Prices

Land registry data shows six sales for 3 OSBORNE ROAD since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. All of the six 3 OSBORNE 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
2023 27 JUN	£433,500	£873,266	50% below HPI
2019 24 OCT	£350,000	£760,485	54% below HPI
2012 16 JAN	£242,500	£503,130	52% below HPI
2004 29 JUL	£195,000	£406,151	52% below HPI
2000 2 JUN	£138,950	£266,139	48% below HPI
1996 17 OCT	£60,000	£153,386	61% below HPI

3 OSBORNE 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 six 3 OSBORNE ROAD sales between October 1996 and June 2023 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 2019 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the June 2023 sale, where it rises to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is 3 OSBORNE ROAD?

3 OSBORNE ROAD is 83m², which includes one extension, according to the EPC inspection conducted in January 2022. This puts it in the smallest 10% 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 OSBORNE ROAD lies on this distribution: 9% of detached houses are smaller than 3 OSBORNE ROAD, and 91% of houses are larger. Note that EPC data is not available for all properties in Redhill.

3 OSBORNE ROAD: Plot and Title Map

3 OSBORNE ROAD sits on a plot of roughly 0.032 of an acre, or 129m². The below map shows the location of 3 OSBORNE 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 OSBORNE 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 OSBORNE ROAD?

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