5, CHALDON CLOSE, REDHILL, RH1 6SX - £485,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 CHALDON CLOSE is a midsized detached house of 128m², built sometime between 1991 and 1995, which could now be worth an estimated £752,929. It was last sold for £485,000 in September 2013, which was around 16% below the average September 2013 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was June 2013, where the current energy rating was C, and the potential energy rating was B.

5 CHALDON CLOSE Sold Prices

Land registry data shows three sales for 5 CHALDON CLOSE 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. Two of the three 5 CHALDON CLOSE sales were for below the average price, whilst one was for above 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 6 SEP	£485,000	£578,847	16% below HPI
2004 30 JUL	£415,000	£425,998	3% below HPI
1996 27 MAR	£189,950	£148,102	28% above HPI

5 CHALDON CLOSE 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 5 CHALDON CLOSE sales between March 1996 and September 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 July 2004 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the September 2013 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 5 CHALDON CLOSE be worth now?

5 CHALDON CLOSE might now be worth an estimated £752,929.

This is based on house price inflation of 55.2%, between September 2013 and February 2025, for detached houses, in the Reigate and Banstead local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 55.2% inflationary increase is applied to the most recent sale price for 5 CHALDON CLOSE of £485,000 on 6th September 2013. For the value to have increased from £485,000 to £752,929 over the twelve years and seven months to February 2025, the following assumptions must hold true:

• The value of 5 CHALDON CLOSE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The September 2013 sale price of £485,000 represented a fair market value for the property.
• The size, condition, and specification of 5 CHALDON CLOSE has not materially changed since September 2013.

How Large is 5 CHALDON CLOSE?

5 CHALDON CLOSE is 128m² according to the EPC inspection conducted in June 2013. This puts it in the largest 50% of detached houses houses in Redhill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Redhill, and where 5 CHALDON CLOSE lies on this distribution: 49% of detached houses houses are smaller than 5 CHALDON CLOSE, and 50% of houses are larger. Note that EPC data is not available for all properties in Redhill.

5 CHALDON CLOSE: Plot and Title Map

5 CHALDON CLOSE sits on a plot of roughly 0.127 of an acre, or 512m². The below map shows the location of 5 CHALDON CLOSE, 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 5 CHALDON CLOSE). 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 5 CHALDON CLOSE?

5 CHALDON CLOSE is located in REDHILL, in the RH1 postcode district. The below map shows the position of No. 5 on CHALDON CLOSE.