49, COMMON ROAD, REDHILL, RH1 6HG - £262,500

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

49 COMMON ROAD is a very small detached house of 90m², built sometime between 1950 and 1966. It was last sold for £262,500 in August 2013, which was around 52% below the average August 2013 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was D.

49 COMMON ROAD Sold Prices

Land registry data shows two sales for 49 COMMON 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 49 COMMON 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
2013 23 AUG	£262,500	£544,317	52% below HPI
2005 30 NOV	£225,000	£420,189	46% below HPI

49 COMMON 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 49 COMMON ROAD sales from November 2005 and August 2013 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 2005 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the August 2013 sale, where it falls to 52% below the HPI. The line then continues to track at 52% below the HPI.

How Large is 49 COMMON ROAD?

49 COMMON ROAD is 90m² according to the EPC inspection conducted in September 2011. 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 49 COMMON ROAD lies on this distribution: 16% of detached houses are smaller than 49 COMMON ROAD, and 84% of houses are larger. Note that EPC data is not available for all properties in Redhill.

49 COMMON ROAD: Plot and Title Map

49 COMMON ROAD sits on a plot of roughly 0.087 of an acre, or 353m². The below map shows the location of 49 COMMON 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 49 COMMON 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 49 COMMON ROAD?

49 COMMON ROAD is located in REDHILL, in the RH1 postcode district. The below map shows the position of No. 49 on COMMON ROAD.