38, RINGWOOD AVENUE, REDHILL, RH1 2DX - £499,950

38 RINGWOOD AVENUE is a very small semi-detached house of 88m². It was last sold for £499,950 in November 2020, which was around 39% below the average November 2020 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was August 2019, where the current energy rating was B, and the potential energy rating was A.

38 RINGWOOD AVENUE Sold Prices

Land registry data shows two sales for 38 RINGWOOD AVENUE 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 38 RINGWOOD AVENUE 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
2020 27 NOV	£499,950	£813,243	39% below HPI
2017 17 MAR	£335,000	£723,559	54% below HPI

38 RINGWOOD AVENUE 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 38 RINGWOOD AVENUE sales from March 2017 and November 2020 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 2017 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the November 2020 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 38 RINGWOOD AVENUE?

38 RINGWOOD AVENUE is 88m² according to the EPC inspection conducted in August 2019. 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 38 RINGWOOD AVENUE lies on this distribution: 15% of detached houses are smaller than 38 RINGWOOD AVENUE, and 84% of houses are larger. Note that EPC data is not available for all properties in Redhill.

38 RINGWOOD AVENUE: Plot and Title Map

38 RINGWOOD AVENUE sits on a plot of roughly 0.051 of an acre, or 208m². The below map shows the location of 38 RINGWOOD AVENUE, 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 38 RINGWOOD AVENUE). 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 38 RINGWOOD AVENUE?

38 RINGWOOD AVENUE is located in REDHILL, in the RH1 postcode district. The below map shows the position of No. 38 on RINGWOOD AVENUE.