30, OAKWOOD CLOSE, REDHILL, RH1 4BD - £575,000

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

30 OAKWOOD CLOSE is a very small detached house of 90m², built sometime between 1930 and 1949. It was last sold for £575,000 in February 2023, which was around 35% below the average February 2023 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was C.

30 OAKWOOD CLOSE Sold Prices

Land registry data shows five sales for 30 OAKWOOD CLOSE 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 30 OAKWOOD CLOSE 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 24 FEB	£575,000	£880,205	35% below HPI
2018 6 APR	£5,500	£736,646	99% below HPI
2016 25 JAN	£450,000	£705,733	36% below HPI
2006 5 JUN	£295,000	£424,879	31% below HPI
1999 27 AUG	£150,000	£230,372	35% below HPI

30 OAKWOOD CLOSE 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 30 OAKWOOD CLOSE sales between August 1999 and February 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 April 2018 sale was for 99% below the HPI. So the extrapolation line tracks at 99% below the HPI over time, until the February 2023 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 30 OAKWOOD CLOSE?

30 OAKWOOD CLOSE is 90m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 20% of detached houses in Redhill, based on EPC data. The below chart shows the distribution of detached houses by size in Redhill, and where 30 OAKWOOD CLOSE lies on this distribution: 16% of detached houses are smaller than 30 OAKWOOD CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Redhill.

30 OAKWOOD CLOSE: Plot and Title Map

30 OAKWOOD CLOSE sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 30 OAKWOOD CLOSE, 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 30 OAKWOOD CLOSE). 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 30 OAKWOOD CLOSE?

30 OAKWOOD CLOSE is located in REDHILL, in the RH1 postcode district. The below map shows the position of No. 30 on OAKWOOD CLOSE.