OATFIELD, BRIGHTON ROAD, REDHILL, RH1 6PX - £630,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

OATFIELD is a midsized detached house of 136m², built sometime between 1900 and 1929, which could now be worth an estimated £715,629. It was last sold for £630,000 in June 2018, which was around 20% below the average June 2018 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was August 2011, where the current energy rating was E, and the potential energy rating was E.

OATFIELD Sold Prices

Land registry data shows four sales for OATFIELD 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 OATFIELD 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
2018 14 JUN	£630,000	£791,095	20% below HPI
2011 15 DEC	£367,000	£526,676	30% below HPI
2000 29 MAR	£189,500	£274,746	31% below HPI
1998 17 APR	£150,000	£203,859	26% below HPI

OATFIELD 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 OATFIELD sales between April 1998 and June 2018 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 2011 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the June 2018 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might OATFIELD be worth now?

OATFIELD might now be worth an estimated £715,629.

This is based on house price inflation of 13.6%, between June 2018 and February 2025, for detached houses, in the Reigate and Banstead local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.6% inflationary increase is applied to the most recent sale price for OATFIELD of £630,000 on 14th June 2018. For the value to have increased from £630,000 to £715,629 over the seven years and four months to February 2025, the following assumptions must hold true:

• The value of OATFIELD has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The June 2018 sale price of £630,000 represented a fair market value for the property.
• The size, condition, and specification of OATFIELD has not materially changed since June 2018.

How Large is OATFIELD?

OATFIELD is 136m² according to the EPC inspection conducted in August 2011. This puts it in the largest 50% of detached houses houses in Redhill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Redhill, and where OATFIELD lies on this distribution: 55% of detached houses houses are smaller than OATFIELD, and 45% of houses are larger. Note that EPC data is not available for all properties in Redhill.

OATFIELD: Plot and Title Map

OATFIELD sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of OATFIELD, 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 OATFIELD). 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 OATFIELD?

OATFIELD is located on BRIGHTON ROAD in REDHILL, in the RH1 postcode district. The below map shows the position of OATFIELD on BRIGHTON ROAD.