41, CHARMAN ROAD, REDHILL, RH1 6AG - £425,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

41 CHARMAN ROAD is a very small extended detached house of 90m², built sometime between 1900 and 1929. It was last sold for £425,000 in September 2019, which was around 44% below the average September 2019 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was August 2016, where the current energy rating was F, and the potential energy rating was C.

41 CHARMAN ROAD Sold Prices

Land registry data shows two sales for 41 CHARMAN 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 CHARMAN 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
2019 27 SEP	£425,000	£753,263	44% below HPI
1995 18 DEC	£77,500	£149,257	48% below HPI

41 CHARMAN 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 CHARMAN ROAD sales from December 1995 and September 2019 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 December 1995 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the September 2019 sale, where it rises to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 41 CHARMAN ROAD?

41 CHARMAN ROAD is 90m², which includes one extension, according to the EPC inspection conducted in August 2016. 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 41 CHARMAN ROAD lies on this distribution: 16% of detached houses are smaller than 41 CHARMAN ROAD, and 84% of houses are larger. Note that EPC data is not available for all properties in Redhill.

41 CHARMAN ROAD: Plot and Title Map

41 CHARMAN ROAD sits on a plot of roughly 0.048 of an acre, or 196m². The below map shows the location of 41 CHARMAN 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 CHARMAN 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 CHARMAN ROAD?

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