32, COTLAND ACRES, REDHILL, RH1 6JZ - £385,000

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.

32 COTLAND ACRES is a very small terraced house of 72m², built sometime between 1991 and 1995, which could now be worth an estimated £446,390. It was last sold for £385,000 in July 2018, which was around 4% above the average July 2018 terraced 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.

32 COTLAND ACRES Sold Prices

Land registry data shows three sales for 32 COTLAND ACRES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Reigate and Banstead local authority area for the corresponding sale date. All of the three 32 COTLAND ACRES sales were for above 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
2018 13 JUL	£385,000	£370,703	4% above HPI
2013 19 JUL	£310,000	£260,976	19% above HPI
1998 4 DEC	£139,950	£93,119	50% above HPI

32 COTLAND ACRES Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Reigate and Banstead local authority area over time, sourced from the HPI. The three 32 COTLAND ACRES sales between December 1998 and July 2018 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 July 2013 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the July 2018 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 32 COTLAND ACRES be worth now?

32 COTLAND ACRES might now be worth an estimated £446,390.

This is based on house price inflation of 15.9%, between July 2018 and July 2025, for terraced 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 15.9% inflationary increase is applied to the most recent sale price for 32 COTLAND ACRES of £385,000 on 13th July 2018. For the value to have increased from £385,000 to £446,390 over the seven years to July 2025, the following assumptions must hold true:

• The value of 32 COTLAND ACRES has moved in line with the HPI for terraced houses in the Reigate and Banstead local authority area.
• The July 2018 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of 32 COTLAND ACRES has not materially changed since July 2018.

How Large is 32 COTLAND ACRES?

32 COTLAND ACRES is 72m² according to the EPC inspection conducted in August 2011. This puts it in the smallest 10% of terraced houses houses in Redhill, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Redhill, and where 32 COTLAND ACRES lies on this distribution: 5% of terraced houses houses are smaller than 32 COTLAND ACRES, and 95% of houses are larger. Note that EPC data is not available for all properties in Redhill.

32 COTLAND ACRES: Plot and Title Map

32 COTLAND ACRES sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 32 COTLAND ACRES, 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 32 COTLAND ACRES). 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 32 COTLAND ACRES?

32 COTLAND ACRES is located in REDHILL, in the RH1 postcode district. The below map shows the position of No. 32 on COTLAND ACRES.