24, TEMPLE WOOD DRIVE, REDHILL, RH1 2QD - £420,000

24 TEMPLE WOOD DRIVE is a midsized detached house of 124m², built sometime between 2007 and 2011. It was last sold for £420,000 in November 2013, which was around 23% below the average November 2013 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.

24 TEMPLE WOOD DRIVE Sold Prices

Land registry data shows two sales for 24 TEMPLE WOOD 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 24 TEMPLE WOOD 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 22 NOV	£420,000	£548,482	23% below HPI
2011 20 MAY	£425,000	£493,149	14% below HPI

24 TEMPLE WOOD 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 24 TEMPLE WOOD DRIVE sales from May 2011 and November 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 May 2011 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the November 2013 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 24 TEMPLE WOOD DRIVE?

24 TEMPLE WOOD DRIVE is 124m² according to the EPC inspection conducted in November 2022. This puts it in the smallest 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 24 TEMPLE WOOD DRIVE lies on this distribution: 48% of detached houses are smaller than 24 TEMPLE WOOD DRIVE, and 52% of houses are larger. Note that EPC data is not available for all properties in Redhill.

24 TEMPLE WOOD DRIVE: Plot and Title Map

24 TEMPLE WOOD DRIVE sits on a plot of roughly 0.124 of an acre, or 504m². The below map shows the location of 24 TEMPLE WOOD 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 24 TEMPLE WOOD 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 24 TEMPLE WOOD DRIVE?

24 TEMPLE WOOD DRIVE is located in REDHILL, in the RH1 postcode district. The below map shows the position of No. 24 on TEMPLE WOOD DRIVE.