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

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.

30 OAKWOOD CLOSE is a very small detached house of 90m², built sometime between 1930 and 1949, which could now be worth an estimated £559,681. It was last sold for £575,000 in February 2023, which was around 38% 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	£923,216	38% below HPI
2018 6 APR	£5,500	£772,642	99% below HPI
2016 25 JAN	£450,000	£740,218	39% below HPI
2006 5 JUN	£295,000	£445,641	34% below HPI
1999 27 AUG	£150,000	£241,629	38% 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 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 30 OAKWOOD CLOSE be worth now?

30 OAKWOOD CLOSE might now be worth an estimated £559,681.

This is based on house price deflation of 2.7%, between February 2023 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 2.7% deflationary decrease is applied to the most recent sale price for 30 OAKWOOD CLOSE of £575,000 on 24th February 2023. For the value to have decreased from £575,000 to £559,681 over the two years to February 2025, the following assumptions must hold true:

• The value of 30 OAKWOOD CLOSE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The February 2023 sale price of £575,000 represented a fair market value for the property.
• The size, condition, and specification of 30 OAKWOOD CLOSE has not materially changed since February 2023.

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 houses in Redhill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Redhill, and where 30 OAKWOOD CLOSE lies on this distribution: 15% of detached houses 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.