5, LILLEY MEAD, REDHILL, RH1 2NY - £677,500

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 LILLEY MEAD is a large extended detached house of 144m², built sometime from 2007 onwards, which could now be worth an estimated £777,553. It was last sold for £677,500 in August 2017, which was around 13% below the average August 2017 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was November 2013, where the current energy rating was C, and the potential energy rating was B.

5 LILLEY MEAD Sold Prices

Land registry data shows two sales for 5 LILLEY MEAD 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. One of the two 5 LILLEY MEAD sales was for below the average price, whilst the other 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
2017 8 AUG	£677,500	£782,988	13% below HPI
2007 14 DEC	£580,000	£534,675	8% above HPI

5 LILLEY MEAD 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 LILLEY MEAD sales from December 2007 and August 2017 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 December 2007 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the August 2017 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 5 LILLEY MEAD be worth now?

5 LILLEY MEAD might now be worth an estimated £777,553.

This is based on house price inflation of 14.8%, between August 2017 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 14.8% inflationary increase is applied to the most recent sale price for 5 LILLEY MEAD of £677,500 on 8th August 2017. For the value to have increased from £677,500 to £777,553 over the eight years and six months to February 2025, the following assumptions must hold true:

• The value of 5 LILLEY MEAD has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The August 2017 sale price of £677,500 represented a fair market value for the property.
• The size, condition, and specification of 5 LILLEY MEAD has not materially changed since August 2017.

How Large is 5 LILLEY MEAD?

5 LILLEY MEAD is 144m², which includes one extension, according to the EPC inspection conducted in November 2013. This puts it in the largest 40% 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 LILLEY MEAD lies on this distribution: 60% of detached houses houses are smaller than 5 LILLEY MEAD, and 39% of houses are larger. Note that EPC data is not available for all properties in Redhill.

5 LILLEY MEAD: Plot and Title Map

5 LILLEY MEAD sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 5 LILLEY MEAD, 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 LILLEY MEAD). 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 LILLEY MEAD?

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