45, ELMWOOD ROAD, REDHILL, RH1 2JD - £410,000

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

45 ELMWOOD ROAD is a midsized detached house of 117m², built sometime between 1991 and 1995. It was last sold for £410,000 in July 2015, which was around 39% below the average July 2015 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was December 2009, where the current energy rating was D, and the potential energy rating was C.

45 ELMWOOD ROAD Sold Prices

Land registry data shows three sales for 45 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 45 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 29 JUL	£410,000	£669,898	39% below HPI
1998 15 SEP	£156,000	£212,838	27% below HPI
1995 8 SEP	£112,000	£149,551	25% below HPI

45 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 45 ELMWOOD ROAD sales between September 1995 and July 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 September 1998 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the July 2015 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 45 ELMWOOD ROAD?

45 ELMWOOD ROAD is 117m² according to the EPC inspection conducted in December 2009. This puts it in the smallest 50% of detached houses in Redhill, based on EPC data. The below chart shows the distribution of detached houses by size in Redhill, and where 45 ELMWOOD ROAD lies on this distribution: 41% of detached houses are smaller than 45 ELMWOOD ROAD, and 59% of houses are larger. Note that EPC data is not available for all properties in Redhill.

45 ELMWOOD ROAD: Plot and Title Map

45 ELMWOOD ROAD sits on a plot of roughly 0.055 of an acre, or 223m². The below map shows the location of 45 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 45 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 45 ELMWOOD ROAD?

45 ELMWOOD ROAD is located in REDHILL, in the RH1 postcode district. The below map shows the position of No. 45 on ELMWOOD ROAD.