11, WOODFIELD CLOSE, REDHILL, RH1 2DL - £545,000

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.

11 WOODFIELD CLOSE is a very small semi-detached house of 82m², built sometime between 1983 and 1990, which could now be worth an estimated £610,398. It was last sold for £545,000 in February 2021, which was around 15% above the average February 2021 semi-detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

11 WOODFIELD CLOSE Sold Prices

Land registry data shows four sales for 11 WOODFIELD CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Reigate and Banstead local authority area for the corresponding sale date. Most of the four 11 WOODFIELD 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 17 FEB	£545,000	£472,222	15% above HPI
2006 15 JUN	£305,000	£260,448	17% above HPI
1998 12 JAN	£116,500	£107,973	8% above HPI
1995 31 OCT	£84,000	£85,290	2% below HPI

11 WOODFIELD CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Reigate and Banstead local authority area over time, sourced from the HPI. The four 11 WOODFIELD CLOSE sales between October 1995 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 2006 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the February 2021 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 11 WOODFIELD CLOSE be worth now?

11 WOODFIELD CLOSE might now be worth an estimated £610,398.

This is based on house price inflation of 12%, between February 2021 and February 2025, for semi-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 12% inflationary increase is applied to the most recent sale price for 11 WOODFIELD CLOSE of £545,000 on 17th February 2021. For the value to have increased from £545,000 to £610,398 over the four years to February 2025, the following assumptions must hold true:

• The value of 11 WOODFIELD CLOSE has moved in line with the HPI for semi-detached houses in the Reigate and Banstead local authority area.
• The February 2021 sale price of £545,000 represented a fair market value for the property.
• The size, condition, and specification of 11 WOODFIELD CLOSE has not materially changed since February 2021.

How Large is 11 WOODFIELD CLOSE?

11 WOODFIELD CLOSE is 82m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 10% of semi-detached houses houses in Redhill, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Redhill, and where 11 WOODFIELD CLOSE lies on this distribution: 8% of semi-detached houses houses are smaller than 11 WOODFIELD CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Redhill.

11 WOODFIELD CLOSE: Plot and Title Map

11 WOODFIELD CLOSE sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 11 WOODFIELD 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 11 WOODFIELD 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 11 WOODFIELD CLOSE?

11 WOODFIELD CLOSE is located in REDHILL, in the RH1 postcode district. The below map shows the position of No. 11 on WOODFIELD CLOSE.