32, BROOKFIELD CLOSE, REDHILL, RH1 5BP - £230,000

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.

32 BROOKFIELD CLOSE is a very small terraced house of 42m², built sometime between 1976 and 1982, which could now be worth an estimated £233,239. It was last sold for £230,000 in October 2023, which was around 46% below the average October 2023 terraced price in the Reigate and Banstead local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

32 BROOKFIELD CLOSE Sold Prices

Land registry data shows three sales for 32 BROOKFIELD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Reigate and Banstead local authority area for the corresponding sale date. All of the three 32 BROOKFIELD CLOSE 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
2023 30 OCT	£230,000	£424,021	46% below HPI
2005 22 MAR	£64,000	£196,979	68% below HPI
2002 11 JUN	£50,000	£153,918	68% below HPI

32 BROOKFIELD CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Reigate and Banstead local authority area over time, sourced from the HPI. The three 32 BROOKFIELD CLOSE sales between June 2002 and October 2023 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 March 2005 sale was for 68% below the HPI. So the extrapolation line tracks at 68% below the HPI over time, until the October 2023 sale, where it rises to 46% below the HPI. The line then continues to track at 46% below the HPI.

What might 32 BROOKFIELD CLOSE be worth now?

32 BROOKFIELD CLOSE might now be worth an estimated £233,239.

This is based on house price inflation of 1.4%, between October 2023 and May 2026, for terraced 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 1.4% inflationary increase is applied to the most recent sale price for 32 BROOKFIELD CLOSE of £230,000 on 30th October 2023. For the value to have increased from £230,000 to £233,239 over the three years and five months to May 2026, the following assumptions must hold true:

• The value of 32 BROOKFIELD CLOSE has moved in line with the HPI for terraced houses in the Reigate and Banstead local authority area.
• The October 2023 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 32 BROOKFIELD CLOSE has not materially changed since October 2023.

How Large is 32 BROOKFIELD CLOSE?

32 BROOKFIELD CLOSE is 42m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 10% of terraced houses houses in Redhill, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Redhill, and where 32 BROOKFIELD CLOSE lies on this distribution: Less than 1% of terraced houses houses are smaller than 32 BROOKFIELD CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Redhill.

32 BROOKFIELD CLOSE: Plot and Title Map

32 BROOKFIELD CLOSE sits on a plot of roughly 0.012 of an acre, or 48m². The below map shows the location of 32 BROOKFIELD CLOSE, 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 32 BROOKFIELD CLOSE). 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 32 BROOKFIELD CLOSE?

32 BROOKFIELD CLOSE is located in REDHILL, in the RH1 postcode district. The below map shows the position of No. 32 on BROOKFIELD CLOSE.