5, SOMERSET GARDENS, REDHILL, RH1 6SE - £635,000

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 SOMERSET GARDENS is a midsized semi-detached house of 134m². It was last sold for £635,000 in August 2014, which was around 4% above the average August 2014 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was August 2014, where the current energy rating was B, and the potential energy rating was A.

5 SOMERSET GARDENS Sold Prices

Land registry data shows two sales for 5 SOMERSET GARDENS 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 SOMERSET GARDENS 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
2014 22 AUG	£635,000	£610,352	4% above HPI
1997 27 MAR	£204,000	£161,296	26% above HPI

5 SOMERSET GARDENS 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 SOMERSET GARDENS sales from March 1997 and August 2014 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 March 1997 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the August 2014 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 5 SOMERSET GARDENS?

5 SOMERSET GARDENS is 134m² according to the EPC inspection conducted in August 2014. This puts it in the largest 50% 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 SOMERSET GARDENS lies on this distribution: 54% of detached houses are smaller than 5 SOMERSET GARDENS, and 46% of houses are larger. Note that EPC data is not available for all properties in Redhill.

5 SOMERSET GARDENS: Plot and Title Map

5 SOMERSET GARDENS sits on a plot of roughly 0.049 of an acre, or 197m². The below map shows the location of 5 SOMERSET GARDENS, 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 SOMERSET GARDENS). 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 SOMERSET GARDENS?

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