4, CROFTERS CLOSE, REDHILL, RH1 6QX - £242,000

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.

4 CROFTERS CLOSE is a very small semi-detached house of 69m², built sometime between 2003 and 2006, which could now be worth an estimated £446,402. It was last sold for £242,000 in March 2011, which was around 16% below the average March 2011 semi-detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was June 2010, where the current energy rating was C, and the potential energy rating was C.

4 CROFTERS CLOSE Sold Prices

Land registry data shows two sales for 4 CROFTERS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Reigate and Banstead local authority area for the corresponding sale date. Both of the two 4 CROFTERS CLOSE 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
2011 30 MAR	£242,000	£286,716	16% below HPI
2005 30 NOV	£249,950	£255,555	2% below HPI

4 CROFTERS CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Reigate and Banstead local authority area over time, sourced from the HPI. The two 4 CROFTERS CLOSE sales from November 2005 and March 2011 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 November 2005 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the March 2011 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 4 CROFTERS CLOSE be worth now?

4 CROFTERS CLOSE might now be worth an estimated £446,402.

This is based on house price inflation of 84.5%, between March 2011 and February 2025, for semi-detached 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 84.5% inflationary increase is applied to the most recent sale price for 4 CROFTERS CLOSE of £242,000 on 30th March 2011. For the value to have increased from £242,000 to £446,402 over the fourteen years and one month to February 2025, the following assumptions must hold true:

• The value of 4 CROFTERS CLOSE has moved in line with the HPI for semi-detached houses in the Reigate and Banstead local authority area.
• The March 2011 sale price of £242,000 represented a fair market value for the property.
• The size, condition, and specification of 4 CROFTERS CLOSE has not materially changed since March 2011.

How Large is 4 CROFTERS CLOSE?

4 CROFTERS CLOSE is 69m² according to the EPC inspection conducted in June 2010. This puts it in the smallest 10% of semi-detached houses houses in Redhill, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Redhill, and where 4 CROFTERS CLOSE lies on this distribution: 4% of semi-detached houses houses are smaller than 4 CROFTERS CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Redhill.

4 CROFTERS CLOSE: Plot and Title Map

4 CROFTERS CLOSE sits on a plot of roughly 2.5 acres, or 9,940m². The below map shows the location of 4 CROFTERS CLOSE, 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 4 CROFTERS CLOSE). 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 4 CROFTERS CLOSE?

4 CROFTERS CLOSE is located in REDHILL, in the RH1 postcode district. The below map shows the position of No. 4 on CROFTERS CLOSE.