4, HILLFIELD CLOSE, REDHILL, RH1 4AR - £720,000

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

4 HILLFIELD CLOSE is a very small detached house of 85m², built sometime between 1930 and 1949. It was last sold for £720,000 in April 2022, which was around 14% below the average April 2022 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was June 2012, where the current energy rating was E, and the potential energy rating was C.

4 HILLFIELD CLOSE Sold Prices

Land registry data shows two sales for 4 HILLFIELD CLOSE 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 4 HILLFIELD 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
2022 20 APR	£720,000	£842,019	14% below HPI
2013 18 FEB	£288,000	£525,842	45% below HPI

4 HILLFIELD CLOSE 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 4 HILLFIELD CLOSE sales from February 2013 and April 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 February 2013 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the April 2022 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 4 HILLFIELD CLOSE?

4 HILLFIELD CLOSE is 85m² according to the EPC inspection conducted in June 2012. 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 4 HILLFIELD CLOSE lies on this distribution: 10% of detached houses are smaller than 4 HILLFIELD CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Redhill.

4 HILLFIELD CLOSE: Plot and Title Map

4 HILLFIELD CLOSE sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 4 HILLFIELD 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 HILLFIELD 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 HILLFIELD CLOSE?

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