4, PARK VIEW ROAD, REDHILL, RH1 5DN - £447,270

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 PARK VIEW ROAD is a very small extended detached house of 93m², built sometime between 1950 and 1966, which could now be worth an estimated £495,224. It was last sold for £447,270 in July 2018, which was around 45% below the average July 2018 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.

4 PARK VIEW ROAD Sold Prices

Land registry data shows two sales for 4 PARK VIEW 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 4 PARK VIEW 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
2018 25 JUL	£447,270	£811,604	45% below HPI
2002 26 JUN	£210,000	£358,949	41% below HPI

4 PARK VIEW 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 4 PARK VIEW ROAD sales from June 2002 and July 2018 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 June 2002 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the July 2018 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

What might 4 PARK VIEW ROAD be worth now?

4 PARK VIEW ROAD might now be worth an estimated £495,224.

This is based on house price inflation of 10.7%, between July 2018 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 10.7% inflationary increase is applied to the most recent sale price for 4 PARK VIEW ROAD of £447,270 on 25th July 2018. For the value to have increased from £447,270 to £495,224 over the seven years and five months to February 2025, the following assumptions must hold true:

• The value of 4 PARK VIEW ROAD has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The July 2018 sale price of £447,270 represented a fair market value for the property.
• The size, condition, and specification of 4 PARK VIEW ROAD has not materially changed since July 2018.

How Large is 4 PARK VIEW ROAD?

4 PARK VIEW ROAD is 93m², which includes two extensions, according to the EPC inspection conducted in May 2018. This puts it in the smallest 20% of detached houses houses in Salfords, based on EPC data. The below chart shows the distribution of detached houses houses by size in Salfords, and where 4 PARK VIEW ROAD lies on this distribution: 18% of detached houses houses are smaller than 4 PARK VIEW ROAD, and 81% of houses are larger. Note that EPC data is not available for all properties in Salfords.

4 PARK VIEW ROAD: Plot and Title Map

4 PARK VIEW ROAD sits on a plot of roughly 0.155 of an acre, or 628m². The below map shows the location of 4 PARK VIEW 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 4 PARK VIEW 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 4 PARK VIEW ROAD?

4 PARK VIEW ROAD is located in REDHILL, in the RH1 postcode district. The below map shows the position of No. 4 on PARK VIEW ROAD.