7, BROOKFIELD CLOSE, REDHILL, RH1 5BP - £392,500

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.

7 BROOKFIELD CLOSE is a very small detached house of 77m², built sometime between 1983 and 1990, which could now be worth an estimated £451,458. It was last sold for £392,500 in July 2019, which was around 50% below the average July 2019 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

7 BROOKFIELD CLOSE Sold Prices

Land registry data shows four sales for 7 BROOKFIELD CLOSE 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 7 BROOKFIELD 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
2019 19 JUL	£392,500	£781,265	50% below HPI
2016 22 JAN	£400,000	£740,218	46% below HPI
2013 4 NOV	£272,000	£575,284	53% below HPI
2001 22 JUN	£175,000	£318,954	45% below HPI

7 BROOKFIELD 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 four 7 BROOKFIELD CLOSE sales between June 2001 and July 2019 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 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the July 2019 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

What might 7 BROOKFIELD CLOSE be worth now?

7 BROOKFIELD CLOSE might now be worth an estimated £451,458.

This is based on house price inflation of 15%, between July 2019 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 15% inflationary increase is applied to the most recent sale price for 7 BROOKFIELD CLOSE of £392,500 on 19th July 2019. For the value to have increased from £392,500 to £451,458 over the six years and five months to February 2025, the following assumptions must hold true:

• The value of 7 BROOKFIELD CLOSE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The July 2019 sale price of £392,500 represented a fair market value for the property.
• The size, condition, and specification of 7 BROOKFIELD CLOSE has not materially changed since July 2019.

How Large is 7 BROOKFIELD CLOSE?

7 BROOKFIELD CLOSE is 77m² according to the EPC inspection conducted in August 2015. 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 7 BROOKFIELD CLOSE lies on this distribution: 6% of detached houses houses are smaller than 7 BROOKFIELD CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Redhill.

7 BROOKFIELD CLOSE: Plot and Title Map

7 BROOKFIELD CLOSE sits on a plot of roughly 0.050 of an acre, or 201m². The below map shows the location of 7 BROOKFIELD 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 7 BROOKFIELD 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 7 BROOKFIELD CLOSE?

7 BROOKFIELD CLOSE is located in REDHILL, in the RH1 postcode district. The below map shows the position of No. 7 on BROOKFIELD CLOSE.