PADDOCK GREEN, PICKETTS LANE, REDHILL, RH1 5RG - £1,100,000

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.

PADDOCK GREEN is a large extended detached house of 168m², built sometime between 1930 and 1949, which could now be worth an estimated £1,261,446. It was last sold for £1,100,000 in May 2018, which was around 40% above the average May 2018 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was June 2010, where the current energy rating was D, and the potential energy rating was D.

PADDOCK GREEN Sold Prices

Land registry data shows two sales for PADDOCK GREEN 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 PADDOCK GREEN 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
2018 22 MAY	£1,100,000	£783,610	40% above HPI
2010 3 SEP	£970,000	£527,104	84% above HPI

PADDOCK GREEN 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 PADDOCK GREEN sales from September 2010 and May 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 September 2010 sale was for 84% above the HPI. So the extrapolation line tracks at 84% above the HPI over time, until the May 2018 sale, where it falls to 40% above the HPI. The line then continues to track at 40% above the HPI.

What might PADDOCK GREEN be worth now?

PADDOCK GREEN might now be worth an estimated £1,261,446.

This is based on house price inflation of 14.7%, between May 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 14.7% inflationary increase is applied to the most recent sale price for PADDOCK GREEN of £1,100,000 on 22nd May 2018. For the value to have increased from £1,100,000 to £1,261,446 over the seven years and three months to February 2025, the following assumptions must hold true:

• The value of PADDOCK GREEN has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The May 2018 sale price of £1,100,000 represented a fair market value for the property.
• The size, condition, and specification of PADDOCK GREEN has not materially changed since May 2018.

How Large is PADDOCK GREEN?

PADDOCK GREEN is 168m², which includes one extension, according to the EPC inspection conducted in June 2010. This puts it in the largest 30% of detached houses houses in Salfords, based on EPC data. The below chart shows the distribution of detached houses houses by size in Salfords, and where PADDOCK GREEN lies on this distribution: 72% of detached houses houses are smaller than PADDOCK GREEN, and 28% of houses are larger. Note that EPC data is not available for all properties in Salfords.

PADDOCK GREEN: Plot and Title Map

PADDOCK GREEN sits on a plot of roughly 1.3 acres, or 5,164m². The below map shows the location of PADDOCK GREEN, 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 PADDOCK GREEN). 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 PADDOCK GREEN?

PADDOCK GREEN is located on PICKETTS LANE in REDHILL, in the RH1 postcode district. The below map shows the position of PADDOCK GREEN on PICKETTS LANE.