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 WOODSIDE WAY is a large extended detached house of 145m², built sometime between 1900 and 1929. It was last sold for £765,000 in July 2023, which was around 13% below the average July 2023 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 31 WOODSIDE WAY since 1st 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 WOODSIDE 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 |
---|---|---|---|
2023 25 JUL | £765,000 | £878,553 | 13% below HPI |
2019 23 MAY | £640,000 | £740,849 | 14% below HPI |
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 WOODSIDE WAY sales from May 2019 and July 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 May 2019 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the July 2023 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.
31 WOODSIDE WAY is 145m², which includes two extensions, according to the EPC inspection conducted in March 2023. This puts it in the largest 40% 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 WOODSIDE WAY lies on this distribution: 62% of detached houses are smaller than 31 WOODSIDE WAY, and 38% of houses are larger. Note that EPC data is not available for all properties in Redhill.
31 WOODSIDE WAY sits on a plot of roughly 0.111 of an acre, or 450m². The below map shows the location of 31 WOODSIDE 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 31 WOODSIDE 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.
31 WOODSIDE WAY is located in REDHILL, in the RH1 postcode district. The below map shows the position of No. 31 on WOODSIDE WAY.