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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). 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 7% 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	£675,483	7% above HPI
2006 24 AUG	£495,000	£458,629	8% above HPI
1996 27 MAR	£126,000	£148,102	15% 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 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the May 2015 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 5 CLARENCE ROAD be worth now?

5 CLARENCE ROAD might now be worth an estimated £968,535.

This is based on house price inflation of 33.6%, between May 2015 and December 2024, 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 33.6% inflationary increase is applied to the most recent sale price for 5 CLARENCE ROAD of £725,000 on 1st May 2015. For the value to have increased from £725,000 to £968,535 over the eight years and five months to December 2024, the following assumptions must hold true:

• The value of 5 CLARENCE ROAD has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The May 2015 sale price of £725,000 represented a fair market value for the property.
• The size, condition, and specification of 5 CLARENCE ROAD has not materially changed since May 2015.

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 houses in Redhill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Redhill, and where 5 CLARENCE ROAD lies on this distribution: 73% of detached houses 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.