44, HARDWICK ROAD, REDHILL, RH1 6NH - £525,000

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

44 HARDWICK ROAD is a very small extended detached house of 92m², built sometime before 1900. It was last sold for £525,000 in August 2021, which was around 33% below the average August 2021 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

44 HARDWICK ROAD Sold Prices

Land registry data shows three sales for 44 HARDWICK 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 HARDWICK 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 25 AUG	£525,000	£785,143	33% below HPI
2015 17 JUL	£390,000	£669,898	42% below HPI
1999 1 MAR	£115,000	£210,303	45% below HPI

44 HARDWICK 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 HARDWICK ROAD sales between March 1999 and August 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 July 2015 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the August 2021 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 44 HARDWICK ROAD?

44 HARDWICK ROAD is 92m², which includes two extensions, according to the EPC inspection conducted in August 2020. 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 44 HARDWICK ROAD lies on this distribution: 18% of detached houses are smaller than 44 HARDWICK ROAD, and 81% of houses are larger. Note that EPC data is not available for all properties in Redhill.

44 HARDWICK ROAD: Plot and Title Map

44 HARDWICK ROAD sits on a plot of roughly 0.034 of an acre, or 138m². The below map shows the location of 44 HARDWICK 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 HARDWICK 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 HARDWICK ROAD?

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