31, REEDS MEADOW, REDHILL, RH1 2FJ - £340,000

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

31 REEDS MEADOW is a very small semi-detached house of 79m². It was last sold for £340,000 in December 2015, which was around 51% below the average December 2015 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was March 2010, where the current energy rating was B, and the potential energy rating was B.

31 REEDS MEADOW Sold Prices

Land registry data shows two sales for 31 REEDS MEADOW 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 31 REEDS MEADOW 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
2015 16 DEC	£340,000	£700,556	51% below HPI
2011 28 APR	£249,995	£498,558	50% below HPI

31 REEDS MEADOW 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 31 REEDS MEADOW sales from April 2011 and December 2015 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 2011 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the December 2015 sale, where it falls to 51% below the HPI. The line then continues to track at 51% below the HPI.

How Large is 31 REEDS MEADOW?

31 REEDS MEADOW is 79m² according to the EPC inspection conducted in March 2010. 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 31 REEDS MEADOW lies on this distribution: 8% of detached houses are smaller than 31 REEDS MEADOW, and 92% of houses are larger. Note that EPC data is not available for all properties in Redhill.

31 REEDS MEADOW: Plot and Title Map

31 REEDS MEADOW sits on a plot of roughly 0.043 of an acre, or 174m². The below map shows the location of 31 REEDS MEADOW, 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 31 REEDS MEADOW). 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 31 REEDS MEADOW?

31 REEDS MEADOW is located in REDHILL, in the RH1 postcode district. The below map shows the position of No. 31 on REEDS MEADOW.