2, RIDGEWAY ROAD, REDHILL, RH1 6PH - £710,000

2 RIDGEWAY ROAD is a midsized extended detached house of 140m², built sometime between 1900 and 1929. It was last sold for £710,000 in December 2016, which was around 2% below the average December 2016 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was December 2015, where the current energy rating was E, and the potential energy rating was C.

2 RIDGEWAY ROAD Sold Prices

Land registry data shows five sales for 2 RIDGEWAY ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. Most of the five 2 RIDGEWAY 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
2016 9 DEC	£710,000	£722,812	2% below HPI
2003 19 DEC	£430,000	£392,197	10% above HPI
2001 31 AUG	£310,000	£312,686	1% below HPI
2001 24 MAY	£310,000	£298,998	4% above HPI
1999 20 JUL	£220,000	£222,961	1% below HPI

2 RIDGEWAY ROAD 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 five 2 RIDGEWAY ROAD sales between July 1999 and December 2016 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 December 2003 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the December 2016 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 2 RIDGEWAY ROAD?

2 RIDGEWAY ROAD is 140m², which includes one extension, according to the EPC inspection conducted in December 2015. This puts it in the largest 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 2 RIDGEWAY ROAD lies on this distribution: 59% of detached houses are smaller than 2 RIDGEWAY ROAD, and 41% of houses are larger. Note that EPC data is not available for all properties in Redhill.

2 RIDGEWAY ROAD: Plot and Title Map

2 RIDGEWAY ROAD sits on a plot of roughly 0.096 of an acre, or 389m². The below map shows the location of 2 RIDGEWAY 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 2 RIDGEWAY 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 2 RIDGEWAY ROAD?

2 RIDGEWAY ROAD is located in REDHILL, in the RH1 postcode district. The below map shows the position of No. 2 on RIDGEWAY ROAD.