37, HATCHLANDS ROAD, REDHILL, RH1 6AP - £1,125,000

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

37 HATCHLANDS ROAD is a very small extended detached house of 46m², built sometime between 1996 and 2002. It was last sold for £1,125,000 in July 2022, which was around 30% above the average July 2022 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was C.

37 HATCHLANDS ROAD Sold Prices

Land registry data shows two sales for 37 HATCHLANDS ROAD 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 37 HATCHLANDS ROAD 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
2022 29 JUL	£1,125,000	£865,997	30% above HPI
1997 18 DEC	£203,545	£191,597	6% above HPI

37 HATCHLANDS ROAD 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 37 HATCHLANDS ROAD sales from December 1997 and July 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 December 1997 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the July 2022 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is 37 HATCHLANDS ROAD?

37 HATCHLANDS ROAD is 46m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the smallest 10% of detached houses in Reigate, based on EPC data. The below chart shows the distribution of detached houses by size in Reigate, and where 37 HATCHLANDS ROAD lies on this distribution: Less than 1% of detached houses are smaller than 37 HATCHLANDS ROAD, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Reigate.

37 HATCHLANDS ROAD: Plot and Title Map

37 HATCHLANDS ROAD sits on a plot of roughly 0.164 of an acre, or 662m². The below map shows the location of 37 HATCHLANDS ROAD, 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 37 HATCHLANDS ROAD). 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 37 HATCHLANDS ROAD?

37 HATCHLANDS ROAD is located in REDHILL, in the RH1 postcode district. The below map shows the position of No. 37 on HATCHLANDS ROAD.