8, IFIELD CLOSE, REDHILL, RH1 6SW - £590,000

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 IFIELD CLOSE is a midsized extended detached house of 136m², built sometime between 1991 and 1995, which could now be worth an estimated £784,196. It was last sold for £590,000 in November 2014, which was around 13% below the average November 2014 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was November 2008, where the current energy rating was D, and the potential energy rating was C.

8 IFIELD CLOSE Sold Prices

Land registry data shows three sales for 8 IFIELD CLOSE 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. Two of the three 8 IFIELD CLOSE sales were for below the average price, whilst one was for above 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
2014 24 NOV	£590,000	£678,921	13% below HPI
2002 29 NOV	£335,000	£396,601	16% below HPI
1995 18 AUG	£172,500	£156,297	10% above HPI

8 IFIELD CLOSE 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 8 IFIELD CLOSE sales between August 1995 and November 2014 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 November 2002 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the November 2014 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 8 IFIELD CLOSE be worth now?

8 IFIELD CLOSE might now be worth an estimated £784,196.

This is based on house price inflation of 32.9%, between November 2014 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 32.9% inflationary increase is applied to the most recent sale price for 8 IFIELD CLOSE of £590,000 on 24th November 2014. For the value to have increased from £590,000 to £784,196 over the nine years and eleven months to December 2024, the following assumptions must hold true:

• The value of 8 IFIELD CLOSE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The November 2014 sale price of £590,000 represented a fair market value for the property.
• The size, condition, and specification of 8 IFIELD CLOSE has not materially changed since November 2014.

How Large is 8 IFIELD CLOSE?

8 IFIELD CLOSE is 136m², which includes one extension, according to the EPC inspection conducted in November 2008. This puts it in the largest 50% 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 IFIELD CLOSE lies on this distribution: 56% of detached houses houses are smaller than 8 IFIELD CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Redhill.

8 IFIELD CLOSE: Plot and Title Map

8 IFIELD CLOSE sits on a plot of roughly 0.096 of an acre, or 389m². The below map shows the location of 8 IFIELD CLOSE, 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 IFIELD CLOSE). 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 IFIELD CLOSE?

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