38A, EARLSWOOD ROAD, REDHILL, RH1 6HW - £315,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

38A EARLSWOOD ROAD is a very small extended detached house of 87m², built sometime between 1967 and 1975. It was last sold for £315,000 in October 2023, which was around 65% below the average October 2023 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was B.

38A EARLSWOOD ROAD Sold Prices

Land registry data shows two sales for 38A EARLSWOOD 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 38A EARLSWOOD ROAD 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 13 OCT	£315,000	£887,859	65% below HPI
2005 1 APR	£235,000	£408,957	43% below HPI

38A EARLSWOOD 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 38A EARLSWOOD ROAD sales from April 2005 and October 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 April 2005 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the October 2023 sale, where it falls to 65% below the HPI. The line then continues to track at 65% below the HPI.

How Large is 38A EARLSWOOD ROAD?

38A EARLSWOOD ROAD is 87m², which includes two extensions, according to the EPC inspection conducted in November 2021. This puts it in the smallest 20% of detached houses in Redhill, based on EPC data. The below chart shows the distribution of detached houses by size in Redhill, and where 38A EARLSWOOD ROAD lies on this distribution: 13% of detached houses are smaller than 38A EARLSWOOD ROAD, and 86% of houses are larger. Note that EPC data is not available for all properties in Redhill.

38A EARLSWOOD ROAD: Plot and Title Map

38A EARLSWOOD ROAD sits on a plot of roughly 0.043 of an acre, or 172m². The below map shows the location of 38A EARLSWOOD 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 38A EARLSWOOD 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 38A EARLSWOOD ROAD?

38A EARLSWOOD ROAD is located in REDHILL, in the RH1 postcode district. The below map shows the position of No. 38A on EARLSWOOD ROAD.