3, RURAL WAY, REDHILL, RH1 4BT - £342,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 RURAL WAY is a small extended detached house of 96m², built sometime between 1930 and 1949, which could now be worth an estimated £509,387. It was last sold for £342,500 in April 2014, which was around 43% below the average April 2014 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was October 2008, where the current energy rating was E, and the potential energy rating was D.

3 RURAL WAY Sold Prices

Land registry data shows two sales for 3 RURAL WAY 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 RURAL 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
2014 4 APR	£342,500	£604,211	43% below HPI
1998 12 JUN	£135,000	£211,293	36% below HPI

3 RURAL 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 two 3 RURAL WAY sales from June 1998 and April 2014 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 June 1998 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the April 2014 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might 3 RURAL WAY be worth now?

3 RURAL WAY might now be worth an estimated £509,387.

This is based on house price inflation of 48.7%, between April 2014 and February 2025, for detached houses, in the Reigate and Banstead local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 48.7% inflationary increase is applied to the most recent sale price for 3 RURAL WAY of £342,500 on 4th April 2014. For the value to have increased from £342,500 to £509,387 over the eleven years and two months to February 2025, the following assumptions must hold true:

• The value of 3 RURAL WAY has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The April 2014 sale price of £342,500 represented a fair market value for the property.
• The size, condition, and specification of 3 RURAL WAY has not materially changed since April 2014.

How Large is 3 RURAL WAY?

3 RURAL WAY is 96m², which includes one extension, according to the EPC inspection conducted in October 2008. This puts it in the smallest 30% of detached houses houses in Redhill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Redhill, and where 3 RURAL WAY lies on this distribution: 22% of detached houses houses are smaller than 3 RURAL WAY, and 78% of houses are larger. Note that EPC data is not available for all properties in Redhill.

3 RURAL WAY: Plot and Title Map

3 RURAL WAY sits on a plot of roughly 0.058 of an acre, or 233m². The below map shows the location of 3 RURAL 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 RURAL 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 RURAL WAY?

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