7, COTLAND ACRES, REDHILL, RH1 6JZ - £567,500

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

7 COTLAND ACRES is a midsized extended detached house of 121m², built sometime between 1983 and 1990. It was last sold for £567,500 in November 2015, which was around 18% below the average November 2015 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was C.

7 COTLAND ACRES Sold Prices

Land registry data shows two sales for 7 COTLAND ACRES 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. One of the two 7 COTLAND ACRES sales was for below the average price, whilst the other was 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
2015 26 NOV	£567,500	£689,288	18% below HPI
1996 2 SEP	£160,000	£154,582	4% above HPI

7 COTLAND ACRES 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 7 COTLAND ACRES sales from September 1996 and November 2015 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 September 1996 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the November 2015 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 7 COTLAND ACRES?

7 COTLAND ACRES is 121m², which includes two extensions, according to the EPC inspection conducted in October 2014. This puts it in the smallest 50% of detached houses in Redhill, based on EPC data. The below chart shows the distribution of detached houses by size in Redhill, and where 7 COTLAND ACRES lies on this distribution: 44% of detached houses are smaller than 7 COTLAND ACRES, and 56% of houses are larger. Note that EPC data is not available for all properties in Redhill.

7 COTLAND ACRES: Plot and Title Map

7 COTLAND ACRES sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 7 COTLAND ACRES, 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 COTLAND ACRES). 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 COTLAND ACRES?

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