4, MOUNT RISE, REDHILL, RH1 6JY - £360,000

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 MOUNT RISE is a very small detached house of 55m², built sometime between 1983 and 1990, which could now be worth an estimated £396,777. It was last sold for £360,000 in April 2021, which was around 56% below the average April 2021 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

4 MOUNT RISE Sold Prices

Land registry data shows two sales for 4 MOUNT RISE 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 MOUNT RISE 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
2021 1 APR	£360,000	£815,328	56% below HPI
2004 7 JUL	£222,000	£425,998	48% below HPI

4 MOUNT RISE 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 MOUNT RISE sales from July 2004 and April 2021 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 July 2004 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the April 2021 sale, where it falls to 56% below the HPI. The line then continues to track at 56% below the HPI.

What might 4 MOUNT RISE be worth now?

4 MOUNT RISE might now be worth an estimated £396,777.

This is based on house price inflation of 10.2%, between April 2021 and February 2025, for 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 10.2% inflationary increase is applied to the most recent sale price for 4 MOUNT RISE of £360,000 on 1st April 2021. For the value to have increased from £360,000 to £396,777 over the four years and two months to February 2025, the following assumptions must hold true:

• The value of 4 MOUNT RISE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The April 2021 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 4 MOUNT RISE has not materially changed since April 2021.

How Large is 4 MOUNT RISE?

4 MOUNT RISE is 55m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 10% of detached houses houses in Redhill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Redhill, and where 4 MOUNT RISE lies on this distribution: 1% of detached houses houses are smaller than 4 MOUNT RISE, and 99% of houses are larger. Note that EPC data is not available for all properties in Redhill.

4 MOUNT RISE: Plot and Title Map

4 MOUNT RISE sits on a plot of roughly 0.036 of an acre, or 145m². The below map shows the location of 4 MOUNT RISE, 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 MOUNT RISE). 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 MOUNT RISE?

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