41, WINDMILL WAY, REIGATE, RH2 0JB - £740,000

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 WINDMILL WAY is a small extended detached house of 102m², built sometime between 1967 and 1975. It was last sold for £740,000 in December 2020, which was around 8% below the average December 2020 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 four sales for 41 WINDMILL WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. All of the four 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
2020 16 DEC	£740,000	£808,161	8% below HPI
2018 21 MAY	£640,000	£747,103	14% below HPI
2012 15 MAR	£425,000	£500,396	15% below HPI
1998 6 NOV	£193,000	£212,641	9% 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 four 41 WINDMILL WAY sales between November 1998 and December 2020 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 May 2018 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the December 2020 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

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 in Redhill, based on EPC data. The below chart shows the distribution of detached houses by size in Redhill, and where 41 WINDMILL WAY lies on this distribution: 27% of detached 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.