GREENSANDS, CRONKS HILL, REIGATE, RH2 7EQ - £730,000

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

GREENSANDS is a large detached house of 177m², built sometime between 1976 and 1982. It was last sold for £730,000 in December 2010, which was around 44% above the average December 2010 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was May 2010, where the current energy rating was E, and the potential energy rating was D.

GREENSANDS Sold Prices

Land registry data shows four sales for GREENSANDS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. All of the four GREENSANDS sales were 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
2010 13 DEC	£730,000	£506,609	44% above HPI
2007 19 DEC	£700,000	£509,766	37% above HPI
2004 20 FEB	£620,000	£394,660	57% above HPI
1998 22 DEC	£250,000	£209,713	19% above HPI

GREENSANDS 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 four GREENSANDS sales between December 1998 and December 2010 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 December 2007 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the December 2010 sale, where it rises to 44% above the HPI. The line then continues to track at 44% above the HPI.

How Large is GREENSANDS?

GREENSANDS is 177m² according to the EPC inspection conducted in May 2010. 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 GREENSANDS lies on this distribution: 77% of detached houses are smaller than GREENSANDS, and 23% of houses are larger. Note that EPC data is not available for all properties in Redhill.

GREENSANDS: Plot and Title Map

GREENSANDS sits on a plot of roughly 0.471 of an acre, or 1,906m². The below map shows the location of GREENSANDS, 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 GREENSANDS). 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 GREENSANDS?

GREENSANDS is located on CRONKS HILL in REIGATE, in the RH2 postcode district. The below map shows the position of GREENSANDS on CRONKS HILL.