9, OAK LODGE DRIVE, REDHILL, RH1 5EB - £850,000

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

9 OAK LODGE DRIVE is a midsized detached house of 144m², built sometime between 1967 and 1975. It was last sold for £850,000 in September 2022, which was around 5% below the average September 2022 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was January 2020, where the current energy rating was E, and the potential energy rating was C.

9 OAK LODGE DRIVE Sold Prices

Land registry data shows three sales for 9 OAK LODGE DRIVE 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. All of the three 9 OAK LODGE DRIVE 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
2022 16 SEP	£850,000	£895,973	5% below HPI
2013 18 OCT	£515,000	£549,507	6% below HPI
2008 4 JAN	£485,000	£504,132	4% below HPI

9 OAK LODGE DRIVE 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 9 OAK LODGE DRIVE sales between January 2008 and September 2022 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 October 2013 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the September 2022 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 9 OAK LODGE DRIVE?

9 OAK LODGE DRIVE is 144m² according to the EPC inspection conducted in January 2020. This puts it in the largest 50% of detached houses in Salfords, based on EPC data. The below chart shows the distribution of detached houses by size in Salfords, and where 9 OAK LODGE DRIVE lies on this distribution: 58% of detached houses are smaller than 9 OAK LODGE DRIVE, and 42% of houses are larger. Note that EPC data is not available for all properties in Salfords.

9 OAK LODGE DRIVE: Plot and Title Map

9 OAK LODGE DRIVE sits on a plot of roughly 0.346 of an acre, or 1,402m². The below map shows the location of 9 OAK LODGE DRIVE, 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 OAK LODGE DRIVE). 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 OAK LODGE DRIVE?

9 OAK LODGE DRIVE is located in REDHILL, in the RH1 postcode district. The below map shows the position of No. 9 on OAK LODGE DRIVE.