73, HOOLEY LANE, REDHILL, RH1 6DG - £436,500

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

73 HOOLEY LANE is a very small extended detached house of 87m², built sometime between 1900 and 1929. It was last sold for £436,500 in October 2022, which was around 52% below the average October 2022 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was B.

73 HOOLEY LANE Sold Prices

Land registry data shows three sales for 73 HOOLEY LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. All of the three 73 HOOLEY LANE 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 12 OCT	£436,500	£913,499	52% below HPI
2016 23 MAR	£305,000	£716,597	57% below HPI
2016 11 FEB	£250,000	£719,786	65% below HPI

73 HOOLEY LANE 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 three 73 HOOLEY LANE sales between February 2016 and October 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 March 2016 sale was for 57% below the HPI. So the extrapolation line tracks at 57% below the HPI over time, until the October 2022 sale, where it rises to 52% below the HPI. The line then continues to track at 52% below the HPI.

How Large is 73 HOOLEY LANE?

73 HOOLEY LANE is 87m², which includes one extension, according to the EPC inspection conducted in June 2017. 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 73 HOOLEY LANE lies on this distribution: 13% of detached houses are smaller than 73 HOOLEY LANE, and 86% of houses are larger. Note that EPC data is not available for all properties in Redhill.

73 HOOLEY LANE: Plot and Title Map

73 HOOLEY LANE sits on a plot of roughly 0.031 of an acre, or 125m². The below map shows the location of 73 HOOLEY LANE, 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 73 HOOLEY LANE). 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 73 HOOLEY LANE?

73 HOOLEY LANE is located in REDHILL, in the RH1 postcode district. The below map shows the position of No. 73 on HOOLEY LANE.