54, FENGATES ROAD, REDHILL, RH1 6AH - £580,000

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.

54 FENGATES ROAD is a small detached house of 106m², built sometime before 1900, which could now be worth an estimated £726,562. It was last sold for £580,000 in August 2015, which was around 19% below the average August 2015 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was June 2011, where the current energy rating was F, and the potential energy rating was D.

54 FENGATES ROAD Sold Prices

Land registry data shows four sales for 54 FENGATES ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. All of the four 54 FENGATES ROAD 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
2015 17 AUG	£580,000	£717,350	19% below HPI
2012 24 FEB	£450,000	£528,031	15% below HPI
2003 24 JUN	£360,000	£414,715	13% below HPI
1997 16 JAN	£116,000	£166,675	30% below HPI

54 FENGATES ROAD 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 four 54 FENGATES ROAD sales between January 1997 and August 2015 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 February 2012 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the August 2015 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 54 FENGATES ROAD be worth now?

54 FENGATES ROAD might now be worth an estimated £726,562.

This is based on house price inflation of 25.3%, between August 2015 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 25.3% inflationary increase is applied to the most recent sale price for 54 FENGATES ROAD of £580,000 on 17th August 2015. For the value to have increased from £580,000 to £726,562 over the ten years and six months to February 2025, the following assumptions must hold true:

• The value of 54 FENGATES ROAD has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The August 2015 sale price of £580,000 represented a fair market value for the property.
• The size, condition, and specification of 54 FENGATES ROAD has not materially changed since August 2015.

How Large is 54 FENGATES ROAD?

54 FENGATES ROAD is 106m² according to the EPC inspection conducted in June 2011. This puts it in the smallest 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 54 FENGATES ROAD lies on this distribution: 30% of detached houses houses are smaller than 54 FENGATES ROAD, and 70% of houses are larger. Note that EPC data is not available for all properties in Redhill.

54 FENGATES ROAD: Plot and Title Map

54 FENGATES ROAD sits on a plot of roughly 0.040 of an acre, or 162m². The below map shows the location of 54 FENGATES ROAD, 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 54 FENGATES ROAD). 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 54 FENGATES ROAD?

54 FENGATES ROAD is located in REDHILL, in the RH1 postcode district. The below map shows the position of No. 54 on FENGATES ROAD.