6, CHERRY GREEN CLOSE, REDHILL, RH1 6RY - £375,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

6 CHERRY GREEN CLOSE is a very small detached house of 74m², built sometime between 1983 and 1990, which could now be worth an estimated £412,850. It was last sold for £375,000 in June 2021, which was around 54% below the average June 2021 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was January 2021, where the current energy rating was E, and the potential energy rating was B.

6 CHERRY GREEN CLOSE Sold Prices

Land registry data shows three sales for 6 CHERRY GREEN 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 6 CHERRY GREEN 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
2021 25 JUN	£375,000	£819,655	54% below HPI
2007 24 MAY	£185,000	£495,611	63% below HPI
1997 15 OCT	£98,000	£193,929	49% below HPI

6 CHERRY GREEN 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 6 CHERRY GREEN CLOSE sales between October 1997 and June 2021 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 May 2007 sale was for 63% below the HPI. So the extrapolation line tracks at 63% below the HPI over time, until the June 2021 sale, where it rises to 54% below the HPI. The line then continues to track at 54% below the HPI.

What might 6 CHERRY GREEN CLOSE be worth now?

6 CHERRY GREEN CLOSE might now be worth an estimated £412,850.

This is based on house price inflation of 10.1%, between June 2021 and December 2024, 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 10.1% inflationary increase is applied to the most recent sale price for 6 CHERRY GREEN CLOSE of £375,000 on 25th June 2021. For the value to have increased from £375,000 to £412,850 over the two years and six months to December 2024, the following assumptions must hold true:

• The value of 6 CHERRY GREEN CLOSE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The June 2021 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 6 CHERRY GREEN CLOSE has not materially changed since June 2021.

How Large is 6 CHERRY GREEN CLOSE?

6 CHERRY GREEN CLOSE is 74m² according to the EPC inspection conducted in January 2021. This puts it in the smallest 10% 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 6 CHERRY GREEN CLOSE lies on this distribution: 6% of detached houses houses are smaller than 6 CHERRY GREEN CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Redhill.

6 CHERRY GREEN CLOSE: Plot and Title Map

6 CHERRY GREEN CLOSE sits on a plot of roughly 0.022 of an acre, or 89m². The below map shows the location of 6 CHERRY GREEN 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 6 CHERRY GREEN 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 6 CHERRY GREEN CLOSE?

6 CHERRY GREEN CLOSE is located in REDHILL, in the RH1 postcode district. The below map shows the position of No. 6 on CHERRY GREEN CLOSE.