8, CHAPEL ROAD, REDHILL, RH1 1HH - £702,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 CHAPEL ROAD is a large extended detached house of 145m², built sometime between 1900 and 1929, which could now be worth an estimated £773,405. It was last sold for £702,500 in June 2021, which was around 14% below the average June 2021 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was March 2021, where the current energy rating was E, and the potential energy rating was C.

8 CHAPEL ROAD Sold Prices

Land registry data shows five sales for 8 CHAPEL ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. All of the five 8 CHAPEL 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
2021 24 JUN	£702,500	£819,655	14% below HPI
2009 18 SEP	£415,000	£471,149	12% below HPI
2004 10 FEB	£362,000	£413,945	13% below HPI
2003 13 AUG	£373,000	£421,104	11% below HPI
1996 12 JUL	£103,000	£158,207	35% below HPI

8 CHAPEL ROAD 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 five 8 CHAPEL ROAD sales between July 1996 and June 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 September 2009 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the June 2021 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 8 CHAPEL ROAD be worth now?

8 CHAPEL ROAD might now be worth an estimated £773,405.

This is based on house price inflation of 10.1%, between June 2021 and December 2024, 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 10.1% inflationary increase is applied to the most recent sale price for 8 CHAPEL ROAD of £702,500 on 24th June 2021. For the value to have increased from £702,500 to £773,405 over the two years and six months to December 2024, the following assumptions must hold true:

• The value of 8 CHAPEL ROAD has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The June 2021 sale price of £702,500 represented a fair market value for the property.
• The size, condition, and specification of 8 CHAPEL ROAD has not materially changed since June 2021.

How Large is 8 CHAPEL ROAD?

8 CHAPEL ROAD is 145m², which includes one extension, according to the EPC inspection conducted in March 2021. This puts it in the largest 40% 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 8 CHAPEL ROAD lies on this distribution: 61% of detached houses houses are smaller than 8 CHAPEL ROAD, and 38% of houses are larger. Note that EPC data is not available for all properties in Redhill.

8 CHAPEL ROAD: Plot and Title Map

8 CHAPEL ROAD sits on a plot of roughly 0.091 of an acre, or 367m². The below map shows the location of 8 CHAPEL 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 8 CHAPEL 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.

Where is 8 CHAPEL ROAD?

8 CHAPEL ROAD is located in REDHILL, in the RH1 postcode district. The below map shows the position of No. 8 on CHAPEL ROAD.