61, REDSTONE HILL, REDHILL, RH1 4BG - £625,000

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

61 REDSTONE HILL is a very small extended detached house of 94m², built sometime between 1950 and 1966. It was last sold for £625,000 in September 2022, which was around 30% below the average September 2022 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was December 2014, where the current energy rating was E, and the potential energy rating was C.

61 REDSTONE HILL Sold Prices

Land registry data shows two sales for 61 REDSTONE HILL 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 61 REDSTONE HILL 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
2022 27 SEP	£625,000	£895,973	30% below HPI
2015 7 JUL	£480,000	£669,898	28% below HPI

61 REDSTONE HILL 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 61 REDSTONE HILL sales from July 2015 and September 2022 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 July 2015 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the September 2022 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 61 REDSTONE HILL?

61 REDSTONE HILL is 94m², which includes one extension, according to the EPC inspection conducted in December 2014. 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 61 REDSTONE HILL lies on this distribution: 19% of detached houses are smaller than 61 REDSTONE HILL, and 80% of houses are larger. Note that EPC data is not available for all properties in Redhill.

61 REDSTONE HILL: Plot and Title Map

61 REDSTONE HILL sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of 61 REDSTONE HILL, 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 61 REDSTONE HILL). 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 61 REDSTONE HILL?

61 REDSTONE HILL is located in REDHILL, in the RH1 postcode district. The below map shows the position of No. 61 on REDSTONE HILL.