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
70 GARLANDS ROAD is a small detached house of 110m², built sometime between 1950 and 1966. It was last sold for £323,000 in November 2022, which was around 64% below the average November 2022 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 70 GARLANDS ROAD since 1st 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 70 GARLANDS ROAD 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 14 NOV | £323,000 | £905,130 | 64% below HPI |
2022 16 JUN | £365,000 | £848,292 | 57% below HPI |
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 70 GARLANDS ROAD sales from June 2022 and November 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 June 2022 sale was for 57% below the HPI. So the extrapolation line tracks at 57% below the HPI over time, until the November 2022 sale, where it falls to 64% below the HPI. The line then continues to track at 64% below the HPI.
70 GARLANDS ROAD is 110m² according to the EPC inspection conducted in February 2024. This puts it in the smallest 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 70 GARLANDS ROAD lies on this distribution: 33% of detached houses are smaller than 70 GARLANDS ROAD, and 66% of houses are larger. Note that EPC data is not available for all properties in Redhill.
70 GARLANDS ROAD sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 70 GARLANDS ROAD, 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 70 GARLANDS ROAD). 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.
70 GARLANDS ROAD is located in REDHILL, in the RH1 postcode district. The below map shows the position of No. 70 on GARLANDS ROAD.