4, MILL STREET, REDHILL, RH1 6PA - £238,000

4 MILL STREET is a small extended detached house of 96m², built sometime before 1900. It was last sold for £238,000 in June 2002, which was around 30% below the average June 2002 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was March 2011, where the current energy rating was F, and the potential energy rating was E.

4 MILL STREET Sold Prices

Land registry data shows two sales for 4 MILL STREET 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 4 MILL STREET 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
2002 28 JUN	£238,000	£342,226	30% below HPI
1997 2 MAY	£135,450	£164,158	17% below HPI

4 MILL STREET 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 4 MILL STREET sales from May 1997 and June 2002 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 1997 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the June 2002 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 4 MILL STREET?

4 MILL STREET is 96m², which includes two extensions, according to the EPC inspection conducted in March 2011. This puts it in the smallest 30% of detached houses in Redhill, based on EPC data. The below chart shows the distribution of detached houses by size in Redhill, and where 4 MILL STREET lies on this distribution: 23% of detached houses are smaller than 4 MILL STREET, and 77% of houses are larger. Note that EPC data is not available for all properties in Redhill.

4 MILL STREET: Plot and Title Map

4 MILL STREET sits on a plot of roughly 0.108 of an acre, or 436m². The below map shows the location of 4 MILL STREET, 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 4 MILL STREET). 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 4 MILL STREET?

4 MILL STREET is located in REDHILL, in the RH1 postcode district. The below map shows the position of No. 4 on MILL STREET.