20, BUDGEN DRIVE, REDHILL, RH1 2QB - £285,000

20 BUDGEN DRIVE is a very small detached house of 85m², built sometime between 1983 and 1990. It was last sold for £285,000 in March 2013, which was around 46% below the average March 2013 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was December 2012, where the current energy rating was D, and the potential energy rating was B.

20 BUDGEN DRIVE Sold Prices

Land registry data shows two sales for 20 BUDGEN DRIVE 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 20 BUDGEN DRIVE 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 28 MAR	£285,000	£525,681	46% below HPI
1996 7 AUG	£104,000	£152,708	32% below HPI

20 BUDGEN DRIVE 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 20 BUDGEN DRIVE sales from August 1996 and March 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 August 1996 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the March 2013 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 20 BUDGEN DRIVE?

20 BUDGEN DRIVE is 85m² according to the EPC inspection conducted in December 2012. This puts it in the smallest 20% of detached houses in Redhill, based on EPC data. The below chart shows the distribution of detached houses by size in Redhill, and where 20 BUDGEN DRIVE lies on this distribution: 11% of detached houses are smaller than 20 BUDGEN DRIVE, and 88% of houses are larger. Note that EPC data is not available for all properties in Redhill.

20 BUDGEN DRIVE: Plot and Title Map

20 BUDGEN DRIVE sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 20 BUDGEN DRIVE, 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 20 BUDGEN DRIVE). 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 20 BUDGEN DRIVE?

20 BUDGEN DRIVE is located in REDHILL, in the RH1 postcode district. The below map shows the position of No. 20 on BUDGEN DRIVE.