6, OLD REDSTONE DRIVE, REDHILL, RH1 4DA - £512,000

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

6 OLD REDSTONE DRIVE is a very small extended detached house of 82m², built sometime between 1930 and 1949. It was last sold for £512,000 in March 2021, which was around 34% below the average March 2021 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was C.

6 OLD REDSTONE DRIVE Sold Prices

Land registry data shows three sales for 6 OLD REDSTONE DRIVE 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 OLD REDSTONE DRIVE 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 17 MAR	£512,000	£779,064	34% below HPI
2016 16 DEC	£451,000	£722,812	38% below HPI
2013 12 SEP	£337,000	£551,879	39% below HPI

6 OLD REDSTONE DRIVE 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 OLD REDSTONE DRIVE sales between September 2013 and March 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 December 2016 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the March 2021 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 6 OLD REDSTONE DRIVE?

6 OLD REDSTONE DRIVE is 82m², which includes one extension, according to the EPC inspection conducted in August 2012. This puts it in the smallest 10% of detached houses in Redhill, based on EPC data. The below chart shows the distribution of detached houses by size in Redhill, and where 6 OLD REDSTONE DRIVE lies on this distribution: 9% of detached houses are smaller than 6 OLD REDSTONE DRIVE, and 91% of houses are larger. Note that EPC data is not available for all properties in Redhill.

6 OLD REDSTONE DRIVE: Plot and Title Map

6 OLD REDSTONE DRIVE sits on a plot of roughly 0.103 of an acre, or 418m². The below map shows the location of 6 OLD REDSTONE DRIVE, 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 OLD REDSTONE DRIVE). 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 OLD REDSTONE DRIVE?

6 OLD REDSTONE DRIVE is located in REDHILL, in the RH1 postcode district. The below map shows the position of No. 6 on OLD REDSTONE DRIVE.