2, THE FAIRWAYS, REDHILL, RH1 6LP - £695,000

2 THE FAIRWAYS is a very large detached house of 236m², built sometime between 1996 and 2002. It was last sold for £695,000 in August 2009, which was around 58% above the average August 2009 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was May 2009, where the current energy rating was D, and the potential energy rating was C.

2 THE FAIRWAYS Sold Prices

Land registry data shows two sales for 2 THE FAIRWAYS 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 2 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
2009 14 AUG	£695,000	£440,268	58% above HPI
1999 29 JAN	£395,000	£211,600	87% above HPI

2 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 two 2 THE FAIRWAYS sales from January 1999 and August 2009 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 January 1999 sale was for 87% above the HPI. So the extrapolation line tracks at 87% above the HPI over time, until the August 2009 sale, where it falls to 58% above the HPI. The line then continues to track at 58% above the HPI.

How Large is 2 THE FAIRWAYS?

2 THE FAIRWAYS is 236m² according to the EPC inspection conducted in May 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 2 THE FAIRWAYS lies on this distribution: 93% of detached houses are smaller than 2 THE FAIRWAYS, and 7% of houses are larger. Note that EPC data is not available for all properties in Redhill.

2 THE FAIRWAYS: Plot and Title Map

2 THE FAIRWAYS sits on a plot of roughly 0.192 of an acre, or 777m². The below map shows the location of 2 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 2 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 2 THE FAIRWAYS?

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