44, ELMWOOD ROAD, REDHILL, RH1 2JD - £402,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

44 ELMWOOD ROAD is a very small detached house of 86m², built sometime between 1991 and 1995, which could now be worth an estimated £535,006. It was last sold for £402,000 in March 2015, which was around 40% below the average March 2015 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

44 ELMWOOD ROAD Sold Prices

Land registry data shows three sales for 44 ELMWOOD ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. All of the three 44 ELMWOOD 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
2015 25 MAR	£402,000	£675,217	40% below HPI
2002 28 JUN	£227,000	£358,949	37% below HPI
1995 24 NOV	£108,000	£157,384	31% below HPI

44 ELMWOOD 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 three 44 ELMWOOD ROAD sales between November 1995 and March 2015 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 June 2002 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the March 2015 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 44 ELMWOOD ROAD be worth now?

44 ELMWOOD ROAD might now be worth an estimated £535,006.

This is based on house price inflation of 33.1%, between March 2015 and February 2025, 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 33.1% inflationary increase is applied to the most recent sale price for 44 ELMWOOD ROAD of £402,000 on 25th March 2015. For the value to have increased from £402,000 to £535,006 over the ten years and one month to February 2025, the following assumptions must hold true:

• The value of 44 ELMWOOD ROAD has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The March 2015 sale price of £402,000 represented a fair market value for the property.
• The size, condition, and specification of 44 ELMWOOD ROAD has not materially changed since March 2015.

How Large is 44 ELMWOOD ROAD?

44 ELMWOOD ROAD is 86m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 20% 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 44 ELMWOOD ROAD lies on this distribution: 11% of detached houses houses are smaller than 44 ELMWOOD ROAD, and 88% of houses are larger. Note that EPC data is not available for all properties in Redhill.

44 ELMWOOD ROAD: Plot and Title Map

44 ELMWOOD ROAD sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of 44 ELMWOOD 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 44 ELMWOOD 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 44 ELMWOOD ROAD?

44 ELMWOOD ROAD is located in REDHILL, in the RH1 postcode district. The below map shows the position of No. 44 on ELMWOOD ROAD.