6, RIDGEMOUNT WAY, REDHILL, RH1 6JT - £926,000

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

6 RIDGEMOUNT WAY is a very large extended detached house of 186m², built sometime between 1996 and 2002. It was last sold for £926,000 in July 2024, which was around 6% above the average July 2024 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was August 2015, where the current energy rating was C, and the potential energy rating was B.

6 RIDGEMOUNT WAY Sold Prices

Land registry data shows three sales for 6 RIDGEMOUNT WAY 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 RIDGEMOUNT WAY 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
2024 29 JUL	£926,000	£871,434	6% above HPI
2016 8 JAN	£792,500	£705,733	12% above HPI
1998 28 JAN	£300,000	£191,118	57% above HPI

6 RIDGEMOUNT 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 three 6 RIDGEMOUNT WAY sales between January 1998 and July 2024 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 January 2016 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the July 2024 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 6 RIDGEMOUNT WAY?

6 RIDGEMOUNT WAY is 186m², which includes one extension, according to the EPC inspection conducted in August 2015. This puts it in the largest 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 6 RIDGEMOUNT WAY lies on this distribution: 80% of detached houses are smaller than 6 RIDGEMOUNT WAY, and 19% of houses are larger. Note that EPC data is not available for all properties in Redhill.

6 RIDGEMOUNT WAY: Plot and Title Map

6 RIDGEMOUNT WAY sits on a plot of roughly 0.120 of an acre, or 485m². The below map shows the location of 6 RIDGEMOUNT 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 6 RIDGEMOUNT 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 6 RIDGEMOUNT WAY?

6 RIDGEMOUNT WAY is located in REDHILL, in the RH1 postcode district. The below map shows the position of No. 6 on RIDGEMOUNT WAY.