48A, COLESMEAD ROAD, REDHILL, RH1 2EQ - £135,000

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

48A COLESMEAD ROAD is a small detached house of 115m², built sometime between 1930 and 1949. It was last sold for £135,000 in June 2006, which was around 68% below the average June 2006 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was C.

48A COLESMEAD ROAD Sold Prices

Land registry data shows two sales for 48A COLESMEAD ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. Both of the two 48A COLESMEAD 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
2006 22 JUN	£135,000	£424,879	68% below HPI
2002 15 NOV	£115,000	£378,124	70% below HPI

48A COLESMEAD 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 two 48A COLESMEAD ROAD sales from November 2002 and June 2006 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 November 2002 sale was for 70% below the HPI. So the extrapolation line tracks at 70% below the HPI over time, until the June 2006 sale, where it rises to 68% below the HPI. The line then continues to track at 68% below the HPI.

How Large is 48A COLESMEAD ROAD?

48A COLESMEAD ROAD is 115m² according to the EPC inspection conducted in May 2023. This puts it in the smallest 40% of detached houses in Redhill, based on EPC data. The below chart shows the distribution of detached houses by size in Redhill, and where 48A COLESMEAD ROAD lies on this distribution: 38% of detached houses are smaller than 48A COLESMEAD ROAD, and 62% of houses are larger. Note that EPC data is not available for all properties in Redhill.

48A COLESMEAD ROAD: Plot and Title Map

48A COLESMEAD ROAD sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of 48A COLESMEAD 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 48A COLESMEAD 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 48A COLESMEAD ROAD?

48A COLESMEAD ROAD is located in REDHILL, in the RH1 postcode district. The below map shows the position of No. 48A on COLESMEAD ROAD.