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 WOODLANDS ROAD is a large extended detached house of 185m², built sometime before 1900. It was last sold for £885,000 in March 2021, which was around 14% above the average March 2021 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was December 2020, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 41 WOODLANDS ROAD since 1st 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. Most of the four 41 WOODLANDS 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 |
---|---|---|---|
2021 12 MAR | £885,000 | £779,064 | 14% above HPI |
2015 11 SEP | £332,500 | £685,076 | 51% below HPI |
2012 2 MAR | £225,000 | £500,396 | 55% below HPI |
1995 5 MAY | £75,000 | £144,666 | 48% below HPI |
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 WOODLANDS ROAD sales between May 1995 and March 2021 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 September 2015 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the March 2021 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.
41 WOODLANDS ROAD is 185m², which includes four extensions, according to the EPC inspection conducted in December 2020. This puts it in the largest 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 WOODLANDS ROAD lies on this distribution: 80% of detached houses are smaller than 41 WOODLANDS ROAD, and 20% of houses are larger. Note that EPC data is not available for all properties in Redhill.
41 WOODLANDS ROAD sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 41 WOODLANDS 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 WOODLANDS 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.
41 WOODLANDS ROAD is located in REDHILL, in the RH1 postcode district. The below map shows the position of No. 41 on WOODLANDS ROAD.