14, RIDGEMOUNT WAY, REDHILL, RH1 6JT - £485,000

14 RIDGEMOUNT WAY is a very large detached house of 236m², built sometime between 1996 and 2002. It was last sold for £485,000 in January 2002, which was around 51% above the average January 2002 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was June 2009, where the current energy rating was D, and the potential energy rating was D.

14 RIDGEMOUNT WAY Sold Prices

Land registry data shows two sales for 14 RIDGEMOUNT WAY 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 14 RIDGEMOUNT WAY 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
2002 4 JAN	£485,000	£321,070	51% above HPI
1998 31 MAR	£330,000	£189,172	74% above HPI

14 RIDGEMOUNT WAY 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 14 RIDGEMOUNT WAY sales from March 1998 and January 2002 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 March 1998 sale was for 74% above the HPI. So the extrapolation line tracks at 74% above the HPI over time, until the January 2002 sale, where it falls to 51% above the HPI. The line then continues to track at 51% above the HPI.

How Large is 14 RIDGEMOUNT WAY?

14 RIDGEMOUNT WAY is 236m² according to the EPC inspection conducted in June 2009. 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 14 RIDGEMOUNT WAY lies on this distribution: 92% of detached houses are smaller than 14 RIDGEMOUNT WAY, and 8% of houses are larger. Note that EPC data is not available for all properties in Redhill.

14 RIDGEMOUNT WAY: Plot and Title Map

14 RIDGEMOUNT WAY sits on a plot of roughly 0.172 of an acre, or 698m². The below map shows the location of 14 RIDGEMOUNT WAY, 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 14 RIDGEMOUNT WAY). 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 14 RIDGEMOUNT WAY?

14 RIDGEMOUNT WAY is located in REDHILL, in the RH1 postcode district. The below map shows the position of No. 14 on RIDGEMOUNT WAY.