2, BOWER HILL CLOSE, SOUTH NUTFIELD, REDHILL, RH1 5NQ - £327,000

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.

2 BOWER HILL CLOSE is a very small detached house of 78m², built sometime between 1950 and 1966, which could now be worth an estimated £494,518. It was last sold for £327,000 in October 2013, which was around 44% below the average October 2013 detached price in the Tandridge local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was C.

2 BOWER HILL CLOSE Sold Prices

Land registry data shows two sales for 2 BOWER HILL CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Tandridge local authority area for the corresponding sale date. Both of the two 2 BOWER HILL CLOSE 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
2013 14 OCT	£327,000	£580,908	44% below HPI
1995 8 SEP	£120,000	£164,986	27% below HPI

2 BOWER HILL CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tandridge local authority area over time, sourced from the HPI. The two 2 BOWER HILL CLOSE sales from September 1995 and October 2013 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 1995 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the October 2013 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

What might 2 BOWER HILL CLOSE be worth now?

2 BOWER HILL CLOSE might now be worth an estimated £494,518.

This is based on house price inflation of 51.2%, between October 2013 and March 2025, for detached houses, in the Tandridge local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 51.2% inflationary increase is applied to the most recent sale price for 2 BOWER HILL CLOSE of £327,000 on 14th October 2013. For the value to have increased from £327,000 to £494,518 over the twelve years and seven months to March 2025, the following assumptions must hold true:

• The value of 2 BOWER HILL CLOSE has moved in line with the HPI for detached houses in the Tandridge local authority area.
• The October 2013 sale price of £327,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BOWER HILL CLOSE has not materially changed since October 2013.

How Large is 2 BOWER HILL CLOSE?

2 BOWER HILL CLOSE is 78m² according to the EPC inspection conducted in April 2013. This puts it in the smallest 10% of detached houses houses in South Nutfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in South Nutfield, and where 2 BOWER HILL CLOSE lies on this distribution: 6% of detached houses houses are smaller than 2 BOWER HILL CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in South Nutfield.

2 BOWER HILL CLOSE: Plot and Title Map

2 BOWER HILL CLOSE sits on a plot of roughly 0.142 of an acre, or 573m². The below map shows the location of 2 BOWER HILL 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 2 BOWER HILL 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 2 BOWER HILL CLOSE?

2 BOWER HILL CLOSE is located in SOUTH NUTFIELD, in the RH1 postcode district. The below map shows the position of No. 2 on BOWER HILL CLOSE.