WAYSIDE, LODGE LANE, REDHILL, RH1 5DH - £425,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

WAYSIDE is a very small extended detached house of 85m², built sometime between 1930 and 1949. It was last sold for £425,000 in April 2024, which was around 53% below the average April 2024 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was January 2023, where the current energy rating was D, and the potential energy rating was B.

WAYSIDE Sold Prices

Land registry data shows three sales for WAYSIDE 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 WAYSIDE 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
2024 19 APR	£425,000	£907,857	53% below HPI
2008 1 FEB	£346,000	£526,746	34% below HPI
2002 28 JUN	£185,000	£358,949	48% below HPI

WAYSIDE 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 WAYSIDE sales between June 2002 and April 2024 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 February 2008 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the April 2024 sale, where it falls to 53% below the HPI. The line then continues to track at 53% below the HPI.

How Large is WAYSIDE?

WAYSIDE is 85m², which includes one extension, according to the EPC inspection conducted in January 2023. This puts it in the smallest 10% of detached houses in Salfords, based on EPC data. The below chart shows the distribution of detached houses by size in Salfords, and where WAYSIDE lies on this distribution: 8% of detached houses are smaller than WAYSIDE, and 92% of houses are larger. Note that EPC data is not available for all properties in Salfords.

WAYSIDE: Plot and Title Map

WAYSIDE sits on a plot of roughly 0.164 of an acre, or 664m². The below map shows the location of WAYSIDE, 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 WAYSIDE). 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 WAYSIDE?

WAYSIDE is located on LODGE LANE in REDHILL, in the RH1 postcode district. The below map shows the position of WAYSIDE on LODGE LANE.