34, WORDSWORTH MEAD, REDHILL, RH1 1AJ - £350,000

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.

34 WORDSWORTH MEAD is a very small terraced house of 46m², built sometime between 1991 and 1995, which could now be worth an estimated £389,622. It was last sold for £350,000 in December 2020, which was around 9% below the average December 2020 terraced price in the Reigate and Banstead local authority area. The most recent EPC inspection was June 2013, where the current energy rating was C, and the potential energy rating was B.

34 WORDSWORTH MEAD Sold Prices

Land registry data shows four sales for 34 WORDSWORTH MEAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Reigate and Banstead local authority area for the corresponding sale date. All of the four 34 WORDSWORTH MEAD 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
2020 4 DEC	£350,000	£386,104	9% below HPI
2013 12 SEP	£225,000	£264,240	15% below HPI
2004 15 OCT	£183,000	£200,207	9% below HPI
2000 29 DEC	£119,000	£127,207	6% below HPI

34 WORDSWORTH MEAD 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 four 34 WORDSWORTH MEAD sales between December 2000 and December 2020 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 2013 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the December 2020 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 34 WORDSWORTH MEAD be worth now?

34 WORDSWORTH MEAD might now be worth an estimated £389,622.

This is based on house price inflation of 11.3%, between December 2020 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 11.3% inflationary increase is applied to the most recent sale price for 34 WORDSWORTH MEAD of £350,000 on 4th December 2020. For the value to have increased from £350,000 to £389,622 over the five years and five months to July 2025, the following assumptions must hold true:

• The value of 34 WORDSWORTH MEAD has moved in line with the HPI for terraced houses in the Reigate and Banstead local authority area.
• The December 2020 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 34 WORDSWORTH MEAD has not materially changed since December 2020.

How Large is 34 WORDSWORTH MEAD?

34 WORDSWORTH MEAD is 46m² according to the EPC inspection conducted in June 2013. 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 34 WORDSWORTH MEAD lies on this distribution: Less than 1% of terraced houses houses are smaller than 34 WORDSWORTH MEAD, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Redhill.

34 WORDSWORTH MEAD: Plot and Title Map

34 WORDSWORTH MEAD sits on a plot of roughly 0.032 of an acre, or 130m². The below map shows the location of 34 WORDSWORTH MEAD, 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 34 WORDSWORTH MEAD). 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 34 WORDSWORTH MEAD?

34 WORDSWORTH MEAD is located in REDHILL, in the RH1 postcode district. The below map shows the position of No. 34 on WORDSWORTH MEAD.