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 UPPER BRIDGE ROAD is a large extended detached house of 173m², built sometime between 1930 and 1949. It was last sold for £745,000 in October 2016, which was about the average October 2016 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 8 UPPER BRIDGE ROAD since 1st 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. The three 8 UPPER BRIDGE ROAD sales were a mix of roughly equal to the average price, and 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 |
---|---|---|---|
2016 13 OCT | £745,000 | £743,384 | Close to HPI |
2006 17 FEB | £415,000 | £423,491 | 2% below HPI |
2000 10 NOV | £250,000 | £292,493 | 15% below HPI |
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 UPPER BRIDGE ROAD sales between November 2000 and October 2016 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 February 2006 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the October 2016 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.
8 UPPER BRIDGE ROAD is 173m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the largest 30% 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 UPPER BRIDGE ROAD lies on this distribution: 76% of detached houses are smaller than 8 UPPER BRIDGE ROAD, and 24% of houses are larger. Note that EPC data is not available for all properties in Redhill.
8 UPPER BRIDGE ROAD sits on a plot of roughly 0.122 of an acre, or 495m². The below map shows the location of 8 UPPER BRIDGE 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 UPPER BRIDGE 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.
8 UPPER BRIDGE ROAD is located in REDHILL, in the RH1 postcode district. The below map shows the position of No. 8 on UPPER BRIDGE ROAD.