5, WOODSIDE WAY, REDHILL, RH1 4DB - £517,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

5 WOODSIDE WAY is a very small detached house of 87m², built sometime between 1900 and 1929. It was last sold for £517,000 in February 2018, which was around 31% below the average February 2018 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was April 2013, where the current energy rating was E, and the potential energy rating was C.

5 WOODSIDE WAY Sold Prices

Land registry data shows two sales for 5 WOODSIDE WAY 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 WOODSIDE WAY 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
2018 8 FEB	£517,000	£748,613	31% below HPI
2013 25 OCT	£310,000	£549,507	44% below HPI

5 WOODSIDE WAY 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 WOODSIDE WAY sales from October 2013 and February 2018 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 October 2013 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the February 2018 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 5 WOODSIDE WAY?

5 WOODSIDE WAY is 87m² according to the EPC inspection conducted in April 2013. This puts it in the smallest 20% 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 WOODSIDE WAY lies on this distribution: 13% of detached houses are smaller than 5 WOODSIDE WAY, and 86% of houses are larger. Note that EPC data is not available for all properties in Redhill.

5 WOODSIDE WAY: Plot and Title Map

5 WOODSIDE WAY sits on a plot of roughly 0.114 of an acre, or 462m². The below map shows the location of 5 WOODSIDE WAY, 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 WOODSIDE WAY). 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 WOODSIDE WAY?

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