3, IFOLD ROAD, REDHILL, RH1 6EG - £422,000

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.

3 IFOLD ROAD is a small extended semi-detached house of 107m², built sometime between 1900 and 1929, which could now be worth an estimated £502,743. It was last sold for £422,000 in September 2016, which was around 5% below the average September 2016 semi-detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was C.

3 IFOLD ROAD Sold Prices

Land registry data shows four sales for 3 IFOLD ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Reigate and Banstead local authority area for the corresponding sale date. Most of the four 3 IFOLD 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 1 SEP	£422,000	£443,945	5% below HPI
2013 6 SEP	£285,000	£321,797	11% below HPI
1998 2 SEP	£113,000	£119,785	6% below HPI
1995 30 MAR	£86,000	£83,949	2% above HPI

3 IFOLD ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Reigate and Banstead local authority area over time, sourced from the HPI. The four 3 IFOLD ROAD sales between March 1995 and September 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 September 2013 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the September 2016 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 3 IFOLD ROAD be worth now?

3 IFOLD ROAD might now be worth an estimated £502,743.

This is based on house price inflation of 19.1%, between September 2016 and February 2025, for semi-detached houses, in the Reigate and Banstead local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.1% inflationary increase is applied to the most recent sale price for 3 IFOLD ROAD of £422,000 on 1st September 2016. For the value to have increased from £422,000 to £502,743 over the nine years and seven months to February 2025, the following assumptions must hold true:

• The value of 3 IFOLD ROAD has moved in line with the HPI for semi-detached houses in the Reigate and Banstead local authority area.
• The September 2016 sale price of £422,000 represented a fair market value for the property.
• The size, condition, and specification of 3 IFOLD ROAD has not materially changed since September 2016.

How Large is 3 IFOLD ROAD?

3 IFOLD ROAD is 107m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the smallest 40% of semi-detached houses houses in Redhill, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Redhill, and where 3 IFOLD ROAD lies on this distribution: 30% of semi-detached houses houses are smaller than 3 IFOLD ROAD, and 69% of houses are larger. Note that EPC data is not available for all properties in Redhill.

3 IFOLD ROAD: Plot and Title Map

3 IFOLD ROAD sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 3 IFOLD 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 3 IFOLD 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 3 IFOLD ROAD?

3 IFOLD ROAD is located in REDHILL, in the RH1 postcode district. The below map shows the position of No. 3 on IFOLD ROAD.