10, CYGNETS CLOSE, REDHILL, RH1 2QE - £390,000

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.

10 CYGNETS CLOSE is a very small terraced house of 73m², built sometime between 1991 and 1995, which could now be worth an estimated £438,547. It was last sold for £390,000 in February 2021, which was around 2% above the average February 2021 terraced price in the Reigate and Banstead local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

10 CYGNETS CLOSE Sold Prices

Land registry data shows three sales for 10 CYGNETS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Reigate and Banstead local authority area for the corresponding sale date. All of the three 10 CYGNETS CLOSE 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
2021 18 FEB	£390,000	£382,393	2% above HPI
2010 2 JUN	£250,000	£241,457	4% above HPI
1999 12 NOV	£118,000	£108,296	9% above HPI

10 CYGNETS CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Reigate and Banstead local authority area over time, sourced from the HPI. The three 10 CYGNETS CLOSE sales between November 1999 and February 2021 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 June 2010 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the February 2021 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 10 CYGNETS CLOSE be worth now?

10 CYGNETS CLOSE might now be worth an estimated £438,547.

This is based on house price inflation of 12.4%, between February 2021 and May 2026, for terraced 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 12.4% inflationary increase is applied to the most recent sale price for 10 CYGNETS CLOSE of £390,000 on 18th February 2021. For the value to have increased from £390,000 to £438,547 over the four years and nine months to May 2026, the following assumptions must hold true:

• The value of 10 CYGNETS CLOSE has moved in line with the HPI for terraced houses in the Reigate and Banstead local authority area.
• The February 2021 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 10 CYGNETS CLOSE has not materially changed since February 2021.

How Large is 10 CYGNETS CLOSE?

10 CYGNETS CLOSE is 73m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 10% of terraced houses houses in Redhill, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Redhill, and where 10 CYGNETS CLOSE lies on this distribution: 5% of terraced houses houses are smaller than 10 CYGNETS CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Redhill.

10 CYGNETS CLOSE: Plot and Title Map

10 CYGNETS CLOSE sits on a plot of roughly 0.058 of an acre, or 233m². The below map shows the location of 10 CYGNETS CLOSE, 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 10 CYGNETS CLOSE). 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 10 CYGNETS CLOSE?

10 CYGNETS CLOSE is located in REDHILL, in the RH1 postcode district. The below map shows the position of No. 10 on CYGNETS CLOSE.