9, JORDANS CLOSE, REDHILL, RH1 5PQ - £485,000

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

9 JORDANS CLOSE is a small extended detached house of 95m², built sometime between 1950 and 1966. It was last sold for £485,000 in August 2023, which was around 46% below the average August 2023 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was C.

9 JORDANS CLOSE Sold Prices

Land registry data shows two sales for 9 JORDANS CLOSE 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 9 JORDANS CLOSE 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
2023 21 AUG	£485,000	£898,048	46% below HPI
2012 20 AUG	£305,000	£516,856	41% below HPI

9 JORDANS 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 two 9 JORDANS CLOSE sales from August 2012 and August 2023 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 August 2012 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the August 2023 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 9 JORDANS CLOSE?

9 JORDANS CLOSE is 95m², which includes two extensions, according to the EPC inspection conducted in February 2023. This puts it in the smallest 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 9 JORDANS CLOSE lies on this distribution: 21% of detached houses are smaller than 9 JORDANS CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Redhill.

9 JORDANS CLOSE: Plot and Title Map

9 JORDANS CLOSE sits on a plot of roughly 0.084 of an acre, or 338m². The below map shows the location of 9 JORDANS 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 9 JORDANS 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 9 JORDANS CLOSE?

9 JORDANS CLOSE is located in REDHILL, in the RH1 postcode district. The below map shows the position of No. 9 on JORDANS CLOSE.