8, HILLFORD PLACE, REDHILL, RH1 5AU - £450,000

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

8 HILLFORD PLACE is a very small detached house of 91m², built sometime between 1976 and 1982. It was last sold for £450,000 in November 2020, which was around 45% below the average November 2020 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was B.

8 HILLFORD PLACE Sold Prices

Land registry data shows two sales for 8 HILLFORD PLACE 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 8 HILLFORD PLACE 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
2020 5 NOV	£450,000	£813,243	45% below HPI
1995 21 SEP	£104,000	£149,551	30% below HPI

8 HILLFORD PLACE 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 8 HILLFORD PLACE sales from September 1995 and November 2020 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 1995 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the November 2020 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 8 HILLFORD PLACE?

8 HILLFORD PLACE is 91m² according to the EPC inspection conducted in November 2018. 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 8 HILLFORD PLACE lies on this distribution: 17% of detached houses are smaller than 8 HILLFORD PLACE, and 82% of houses are larger. Note that EPC data is not available for all properties in Redhill.

8 HILLFORD PLACE: Plot and Title Map

8 HILLFORD PLACE sits on a plot of roughly 0.170 of an acre, or 686m². The below map shows the location of 8 HILLFORD PLACE, 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 HILLFORD PLACE). 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 HILLFORD PLACE?

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