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

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

8 IFIELD CLOSE is a midsized extended detached house of 136m², built sometime between 1991 and 1995. It was last sold for £590,000 in November 2014, which was around 9% 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	£647,291	9% below HPI
2002 29 NOV	£335,000	£378,124	11% below HPI
1995 18 AUG	£172,500	£149,016	16% 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 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the November 2014 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

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 in Redhill, based on EPC data. The below chart shows the distribution of detached houses by size in Redhill, and where 8 IFIELD CLOSE lies on this distribution: 56% of detached 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.