31, THE FRENCHES, REDHILL, RH1 2HF - £305,000

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 THE FRENCHES is a very small detached house of 44m², built sometime between 1983 and 1990. It was last sold for £305,000 in March 2016, which was around 57% below the average March 2016 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was C.

31 THE FRENCHES Sold Prices

Land registry data shows three sales for 31 THE FRENCHES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. All of the three 31 THE FRENCHES 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
2016 3 MAR	£305,000	£716,597	57% below HPI
2007 15 NOV	£234,000	£508,982	54% below HPI
2001 22 JUN	£145,950	£304,094	52% below HPI

31 THE FRENCHES 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 three 31 THE FRENCHES sales between June 2001 and March 2016 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 November 2007 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the March 2016 sale, where it falls to 57% below the HPI. The line then continues to track at 57% below the HPI.

How Large is 31 THE FRENCHES?

31 THE FRENCHES is 44m² according to the EPC inspection conducted in August 2011. 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 THE FRENCHES lies on this distribution: Less than 1% of detached houses are smaller than 31 THE FRENCHES, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Redhill.

31 THE FRENCHES: Plot and Title Map

31 THE FRENCHES sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 31 THE FRENCHES, 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 THE FRENCHES). 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 THE FRENCHES?

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