5, JASON CLOSE, REDHILL, RH1 5HG - £335,000

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

5 JASON CLOSE is a small extended detached house of 111m², built sometime between 1967 and 1975. It was last sold for £335,000 in March 2008, which was around 33% below the average March 2008 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was D.

5 JASON CLOSE Sold Prices

Land registry data shows three sales for 5 JASON 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. All of the three 5 JASON CLOSE sales were 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
2008 6 MAR	£335,000	£498,197	33% below HPI
2006 11 AUG	£280,000	£437,262	36% below HPI
1997 17 SEP	£139,950	£182,502	23% below HPI

5 JASON 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 JASON CLOSE sales between September 1997 and March 2008 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 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the March 2008 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 5 JASON CLOSE?

5 JASON CLOSE is 111m², which includes two extensions, according to the EPC inspection conducted in July 2010. This puts it in the smallest 40% 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 JASON CLOSE lies on this distribution: 34% of detached houses are smaller than 5 JASON CLOSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Redhill.

5 JASON CLOSE: Plot and Title Map

5 JASON CLOSE sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of 5 JASON 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 JASON 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 JASON CLOSE?

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