41, CAVENDISH ROAD, REDHILL, RH1 4AL - £262,500

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

41 CAVENDISH ROAD is a very small extended detached house of 82m², built sometime between 1983 and 1990. It was last sold for £262,500 in March 2005, which was around 35% below the average March 2005 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was February 2019, where the current energy rating was C, and the potential energy rating was B.

41 CAVENDISH ROAD Sold Prices

Land registry data shows two sales for 41 CAVENDISH 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 41 CAVENDISH 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
2005 11 MAR	£262,500	£403,476	35% below HPI
1995 12 APR	£112,000	£144,778	23% below HPI

41 CAVENDISH 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 41 CAVENDISH ROAD sales from April 1995 and March 2005 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 1995 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the March 2005 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 41 CAVENDISH ROAD?

41 CAVENDISH ROAD is 82m², which includes one extension, according to the EPC inspection conducted in February 2019. This puts it in the smallest 10% of detached houses in Redhill, based on EPC data. The below chart shows the distribution of detached houses by size in Redhill, and where 41 CAVENDISH ROAD lies on this distribution: 8% of detached houses are smaller than 41 CAVENDISH ROAD, and 91% of houses are larger. Note that EPC data is not available for all properties in Redhill.

41 CAVENDISH ROAD: Plot and Title Map

41 CAVENDISH ROAD sits on a plot of roughly 0.044 of an acre, or 179m². The below map shows the location of 41 CAVENDISH 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 41 CAVENDISH 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 41 CAVENDISH ROAD?

41 CAVENDISH ROAD is located in REDHILL, in the RH1 postcode district. The below map shows the position of No. 41 on CAVENDISH ROAD.