7, THE FRENCHES, REDHILL, RH1 2HF - £455,000

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

7 THE FRENCHES is a large extended detached house of 156m², built sometime between 1967 and 1975. It was last sold for £455,000 in January 2021, which was around 43% below the average January 2021 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was C.

7 THE FRENCHES Sold Prices

Land registry data shows two sales for 7 THE FRENCHES 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 7 THE FRENCHES 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 29 JAN	£455,000	£801,033	43% below HPI
2009 31 MAR	£270,000	£417,392	35% below HPI

7 THE FRENCHES 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 THE FRENCHES sales from March 2009 and January 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 March 2009 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the January 2021 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 7 THE FRENCHES?

7 THE FRENCHES is 156m², which includes one extension, according to the EPC inspection conducted in January 2022. This puts it in the largest 40% 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 THE FRENCHES lies on this distribution: 69% of detached houses are smaller than 7 THE FRENCHES, and 30% of houses are larger. Note that EPC data is not available for all properties in Redhill.

7 THE FRENCHES: Plot and Title Map

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

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