41, WINDMILL WAY, REIGATE, RH2 0JB - £817,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

41 WINDMILL WAY is a small extended detached house of 102m², built sometime between 1967 and 1975, which could now be worth an estimated £794,706. It was last sold for £817,500 in August 2024, which was around 12% below the average August 2024 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was B.

41 WINDMILL WAY Sold Prices

Land registry data shows five sales for 41 WINDMILL WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. All of the five 41 WINDMILL WAY 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
2024 21 AUG	£817,500	£928,268	12% below HPI
2020 16 DEC	£740,000	£847,651	13% below HPI
2018 21 MAY	£640,000	£783,610	18% below HPI
2012 15 MAR	£425,000	£524,848	19% below HPI
1998 6 NOV	£193,000	£223,032	13% below HPI

41 WINDMILL WAY 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 five 41 WINDMILL WAY sales between November 1998 and August 2024 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 2020 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the August 2024 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 41 WINDMILL WAY be worth now?

41 WINDMILL WAY might now be worth an estimated £794,706.

This is based on house price deflation of 2.8%, between August 2024 and December 2024, 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 2.8% deflationary decrease is applied to the most recent sale price for 41 WINDMILL WAY of £817,500 on 21st August 2024. For the value to have decreased from £817,500 to £794,706 over the eight months to December 2024, the following assumptions must hold true:

• The value of 41 WINDMILL WAY has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The August 2024 sale price of £817,500 represented a fair market value for the property.
• The size, condition, and specification of 41 WINDMILL WAY has not materially changed since August 2024.

How Large is 41 WINDMILL WAY?

41 WINDMILL WAY is 102m², which includes one extension, according to the EPC inspection conducted in October 2017. This puts it in the smallest 30% 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 41 WINDMILL WAY lies on this distribution: 27% of detached houses houses are smaller than 41 WINDMILL WAY, and 73% of houses are larger. Note that EPC data is not available for all properties in Redhill.

41 WINDMILL WAY: Plot and Title Map

41 WINDMILL WAY sits on a plot of roughly 0.151 of an acre, or 610m². The below map shows the location of 41 WINDMILL WAY, 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 WINDMILL WAY). 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 WINDMILL WAY?

41 WINDMILL WAY is located in REIGATE, in the RH2 postcode district. The below map shows the position of No. 41 on WINDMILL WAY.