32, SYLVAN WAY, REDHILL, RH1 4DE - £757,500

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

32 SYLVAN WAY is a large extended detached house of 151m², built sometime between 1996 and 2002. It was last sold for £757,500 in November 2022, which was around 16% below the average November 2022 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was May 2013, where the current energy rating was C, and the potential energy rating was C.

32 SYLVAN WAY Sold Prices

Land registry data shows two sales for 32 SYLVAN WAY 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 32 SYLVAN 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
2022 24 NOV	£757,500	£905,130	16% below HPI
2016 2 SEP	£655,000	£745,387	12% below HPI

32 SYLVAN WAY 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 32 SYLVAN WAY sales from September 2016 and November 2022 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 September 2016 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the November 2022 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 32 SYLVAN WAY?

32 SYLVAN WAY is 151m², which includes one extension, according to the EPC inspection conducted in May 2013. 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 32 SYLVAN WAY lies on this distribution: 66% of detached houses are smaller than 32 SYLVAN WAY, and 34% of houses are larger. Note that EPC data is not available for all properties in Redhill.

32 SYLVAN WAY: Plot and Title Map

32 SYLVAN WAY sits on a plot of roughly 0.279 of an acre, or 1,129m². The below map shows the location of 32 SYLVAN 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 32 SYLVAN 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.

Where is 32 SYLVAN WAY?

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