4, MOUNT RISE, REDHILL, RH1 6JY - £360,000

4 MOUNT RISE is a very small detached house of 55m², built sometime between 1983 and 1990. It was last sold for £360,000 in April 2021, which was around 54% below the average April 2021 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

4 MOUNT RISE Sold Prices

Land registry data shows two sales for 4 MOUNT RISE 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 MOUNT RISE 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
2021 1 APR	£360,000	£777,343	54% below HPI
2004 7 JUL	£222,000	£406,151	45% below HPI

4 MOUNT RISE 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 MOUNT RISE sales from July 2004 and April 2021 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 July 2004 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the April 2021 sale, where it falls to 54% below the HPI. The line then continues to track at 54% below the HPI.

How Large is 4 MOUNT RISE?

4 MOUNT RISE is 55m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 10% 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 MOUNT RISE lies on this distribution: 1% of detached houses are smaller than 4 MOUNT RISE, and 99% of houses are larger. Note that EPC data is not available for all properties in Redhill.

4 MOUNT RISE: Plot and Title Map

4 MOUNT RISE sits on a plot of roughly 0.036 of an acre, or 145m². The below map shows the location of 4 MOUNT RISE, 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 MOUNT RISE). 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 MOUNT RISE?

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