49, SYLVAN WAY, REDHILL, RH1 4DE - £485,000

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

49 SYLVAN WAY is a very small extended detached house of 73m², built sometime between 1950 and 1966. It was last sold for £485,000 in November 2022, which was around 46% below the average November 2022 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

49 SYLVAN WAY Sold Prices

Land registry data shows two sales for 49 SYLVAN WAY since 1st 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 SYLVAN WAY sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

DatePriceHPI PriceVariation from HPI
2022
8 NOV
£485,000£905,130
down arrow
46% below HPI
1998
18 MAY
£115,500£196,845
down arrow
41% below HPI

49 SYLVAN WAY 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 SYLVAN WAY sales from May 1998 and November 2022 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 May 1998 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the November 2022 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

49, SYLVAN WAY, REDHILL, RH1 4DE: Price paid vs HM Land Registry's House Price Index

How Large is 49 SYLVAN WAY?

49 SYLVAN WAY is 73m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the smallest 10% 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 SYLVAN WAY lies on this distribution: 5% of detached houses are smaller than 49 SYLVAN WAY, and 94% of houses are larger. Note that EPC data is not available for all properties in Redhill.

49, SYLVAN WAY, REDHILL, RH1 4DE: Size of property relative to detached houses in Redhill

49 SYLVAN WAY: Plot and Title Map

49 SYLVAN WAY sits on a plot of roughly 0.085 of an acre, or 344m². The below map shows the location of 49 SYLVAN WAY, 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 SYLVAN WAY). 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.

49, SYLVAN WAY, REDHILL, RH1 4DE: Plot and title map

Where is 49 SYLVAN WAY?

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

49, SYLVAN WAY, REDHILL, RH1 4DE: Location map and indicative extent of plot

All sales of detached houses on SYLVAN WAY

49, SYLVAN WAY, REDHILL, RH1 4DE
2022
8 NOV
£485,000
2, SYLVAN WAY, REDHILL, RH1 4DE
2021
29 APR
£560,000
51, SYLVAN WAY, REDHILL, RH1 4DE
2006
9 JUN
£235,750
51, SYLVAN WAY, REDHILL, RH1 4DE
2002
17 JUL
£225,000
18, SYLVAN WAY, REDHILL, RH1 4DE
1999
20 MAY
£153,000
49, SYLVAN WAY, REDHILL, RH1 4DE
1998
18 MAY
£115,500
18, SYLVAN WAY, REDHILL, RH1 4DE
1996
18 DEC
£111,000
Source: HM Land Registry Price Paid Data
Licence: Contains HM Land Registry data © Crown copyright and database right 2024. This data is licensed under the Open Government Licence v3.0.
Source: HM Land Registry UK House Price Index
Licence: Contains HM Land Registry data © Crown copyright and database right 2024. This data is licensed under the Open Government Licence v3.0.
Copyright statement: This information is subject to Crown copyright and database rights 2024 and is reproduced with the permission of HM Land Registry. The polygons (including the associated geometry, namely x, y co-ordinates) are subject to Crown copyright and database rights 2024 Ordnance Survey 100026316. Conditions of use.