1C, ALTHORNE ROAD, REDHILL, RH1 6EF - £405,000

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.

1C ALTHORNE ROAD is a very small extended semi-detached house of 89m², built sometime between 1930 and 1949, which could now be worth an estimated £443,841. It was last sold for £405,000 in November 2020, which was around 16% below the average November 2020 semi-detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

1C ALTHORNE ROAD Sold Prices

Land registry data shows two sales for 1C ALTHORNE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Reigate and Banstead local authority area for the corresponding sale date. Both of the two 1C ALTHORNE ROAD 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
2020 20 NOV	£405,000	£482,603	16% below HPI
1996 16 AUG	£63,000	£87,588	28% below HPI

1C ALTHORNE ROAD 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 two 1C ALTHORNE ROAD sales from August 1996 and November 2020 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 August 1996 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the November 2020 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 1C ALTHORNE ROAD be worth now?

1C ALTHORNE ROAD might now be worth an estimated £443,841.

This is based on house price inflation of 9.6%, between November 2020 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 9.6% inflationary increase is applied to the most recent sale price for 1C ALTHORNE ROAD of £405,000 on 20th November 2020. For the value to have increased from £405,000 to £443,841 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 1C ALTHORNE ROAD has moved in line with the HPI for semi-detached houses in the Reigate and Banstead local authority area.
• The November 2020 sale price of £405,000 represented a fair market value for the property.
• The size, condition, and specification of 1C ALTHORNE ROAD has not materially changed since November 2020.

How Large is 1C ALTHORNE ROAD?

1C ALTHORNE ROAD is 89m², which includes two extensions, according to the EPC inspection conducted in January 2020. This puts it in the smallest 20% 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 1C ALTHORNE ROAD lies on this distribution: 15% of semi-detached houses houses are smaller than 1C ALTHORNE ROAD, and 85% of houses are larger. Note that EPC data is not available for all properties in Redhill.

1C ALTHORNE ROAD: Plot and Title Map

1C ALTHORNE ROAD sits on a plot of roughly 0.064 of an acre, or 257m². The below map shows the location of 1C ALTHORNE ROAD, 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 1C ALTHORNE ROAD). 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 1C ALTHORNE ROAD?

1C ALTHORNE ROAD is located in REDHILL, in the RH1 postcode district. The below map shows the position of No. 1C on ALTHORNE ROAD.