12, THE FAIRWAYS, REDHILL, RH1 6LP - £750,000

12 THE FAIRWAYS is a midsized detached house of 123m², built sometime between 2003 and 2006. It was last sold for £750,000 in March 2015, which was around 17% above the average March 2015 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was December 2011, where the current energy rating was C, and the potential energy rating was C.

12 THE FAIRWAYS Sold Prices

Land registry data shows three sales for 12 THE FAIRWAYS 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 12 THE FAIRWAYS 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
2015 20 MAR	£750,000	£643,760	17% above HPI
2005 12 SEP	£492,500	£425,767	16% above HPI
1998 26 JAN	£289,250	£191,118	51% above HPI

12 THE FAIRWAYS 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 12 THE FAIRWAYS sales between January 1998 and March 2015 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 2005 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the March 2015 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 12 THE FAIRWAYS?

12 THE FAIRWAYS is 123m² according to the EPC inspection conducted in December 2011. This puts it in the smallest 50% of detached houses in Redhill, based on EPC data. The below chart shows the distribution of detached houses by size in Redhill, and where 12 THE FAIRWAYS lies on this distribution: 46% of detached houses are smaller than 12 THE FAIRWAYS, and 54% of houses are larger. Note that EPC data is not available for all properties in Redhill.

12 THE FAIRWAYS: Plot and Title Map

12 THE FAIRWAYS sits on a plot of roughly 0.145 of an acre, or 587m². The below map shows the location of 12 THE FAIRWAYS, 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 12 THE FAIRWAYS). 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 12 THE FAIRWAYS?

12 THE FAIRWAYS is located in REDHILL, in the RH1 postcode district. The below map shows the position of No. 12 on THE FAIRWAYS.