RIDGECREST, CHURCH ROAD, REDHILL, RH1 6QA - £720,000

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

RIDGECREST is a very large extended detached house of 288m², built sometime between 1950 and 1966. It was last sold for £720,000 in July 2009, which was around 66% above the average July 2009 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was C.

RIDGECREST Sold Prices

Land registry data shows two sales for RIDGECREST 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 RIDGECREST 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
2009 24 JUL	£720,000	£432,942	66% above HPI
2000 24 MAY	£470,000	£264,219	78% above HPI

RIDGECREST 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 RIDGECREST sales from May 2000 and July 2009 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 May 2000 sale was for 78% above the HPI. So the extrapolation line tracks at 78% above the HPI over time, until the July 2009 sale, where it falls to 66% above the HPI. The line then continues to track at 66% above the HPI.

How Large is RIDGECREST?

RIDGECREST is 288m², which includes two extensions, according to the EPC inspection conducted in September 2023. This puts it in the largest 10% of detached houses in Redhill, based on EPC data. The below chart shows the distribution of detached houses by size in Redhill, and where RIDGECREST lies on this distribution: 97% of detached houses are smaller than RIDGECREST, and 3% of houses are larger. Note that EPC data is not available for all properties in Redhill.

RIDGECREST: Plot and Title Map

RIDGECREST sits on a plot of roughly 0.368 of an acre, or 1,488m². The below map shows the location of RIDGECREST, 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 RIDGECREST). 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 RIDGECREST?

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