5, CLARENCE ROAD, REDHILL, RH1 6NG - £725,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

5 CLARENCE ROAD is a large extended detached house of 164m², built sometime between 1950 and 1966. It was last sold for £725,000 in May 2015, which was around 13% above the average May 2015 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was November 2014, where the current energy rating was E, and the potential energy rating was C.

5 CLARENCE ROAD Sold Prices

Land registry data shows three sales for 5 CLARENCE 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. Two of the three 5 CLARENCE ROAD sales were for above the average price, whilst one was 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 1 MAY	£725,000	£644,013	13% above HPI
2006 24 AUG	£495,000	£437,262	13% above HPI
1996 27 MAR	£126,000	£141,202	11% below HPI

5 CLARENCE 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 5 CLARENCE ROAD sales between March 1996 and May 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 August 2006 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the May 2015 sale, which was also at 13% above the HPI.

How Large is 5 CLARENCE ROAD?

5 CLARENCE ROAD is 164m², which includes two extensions, according to the EPC inspection conducted in November 2014. This puts it in the largest 30% of detached houses in Redhill, based on EPC data. The below chart shows the distribution of detached houses by size in Redhill, and where 5 CLARENCE ROAD lies on this distribution: 73% of detached houses are smaller than 5 CLARENCE ROAD, and 27% of houses are larger. Note that EPC data is not available for all properties in Redhill.

5 CLARENCE ROAD: Plot and Title Map

5 CLARENCE ROAD sits on a plot of roughly 0.139 of an acre, or 563m². The below map shows the location of 5 CLARENCE 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 5 CLARENCE 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 5 CLARENCE ROAD?

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