5, IFIELD CLOSE, REDHILL, RH1 6SW - £240,000

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 IFIELD CLOSE is a midsized detached house of 127m², built sometime between 1991 and 1995, which could now be worth an estimated £986,749. It was last sold for £240,000 in February 1999, which was around 10% above the average February 1999 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was C.

5 IFIELD CLOSE Sold Prices

Land registry data shows two sales for 5 IFIELD CLOSE 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 5 IFIELD CLOSE sales were 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
1999 26 FEB	£240,000	£218,565	10% above HPI
1995 31 AUG	£185,000	£156,297	18% above HPI

5 IFIELD 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 two 5 IFIELD CLOSE sales from August 1995 and February 1999 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 1995 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the February 1999 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 5 IFIELD CLOSE be worth now?

5 IFIELD CLOSE might now be worth an estimated £986,749.

This is based on house price inflation of 311.1%, between February 1999 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 311.1% inflationary increase is applied to the most recent sale price for 5 IFIELD CLOSE of £240,000 on 26th February 1999. For the value to have increased from £240,000 to £986,749 over the 26 years to February 2025, the following assumptions must hold true:

• The value of 5 IFIELD CLOSE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The February 1999 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 5 IFIELD CLOSE has not materially changed since February 1999.

How Large is 5 IFIELD CLOSE?

5 IFIELD CLOSE is 127m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 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 IFIELD CLOSE lies on this distribution: 49% of detached houses houses are smaller than 5 IFIELD CLOSE, and 51% of houses are larger. Note that EPC data is not available for all properties in Redhill.

5 IFIELD CLOSE: Plot and Title Map

5 IFIELD CLOSE sits on a plot of roughly 0.148 of an acre, or 599m². The below map shows the location of 5 IFIELD 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 IFIELD 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 IFIELD CLOSE?

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