44, PARK AVENUE, REDHILL, RH1 5DP - £427,000

44 PARK AVENUE is a very small detached house of 86m², built sometime between 1950 and 1966. It was last sold for £427,000 in June 2022, which was around 53% below the average June 2022 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was January 2022, where the current energy rating was F, and the potential energy rating was C.

44 PARK AVENUE Sold Prices

Land registry data shows two sales for 44 PARK 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 44 PARK 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
2022 20 JUN	£427,000	£903,496	53% below HPI
2022 6 APR	£400,600	£898,329	55% below HPI

44 PARK 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 44 PARK AVENUE sales from April 2022 and June 2022 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 April 2022 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the June 2022 sale, where it rises to 53% below the HPI. The line then continues to track at 53% below the HPI.

How Large is 44 PARK AVENUE?

44 PARK AVENUE is 86m² according to the EPC inspection conducted in January 2022. This puts it in the smallest 20% of detached houses in Salfords, based on EPC data. The below chart shows the distribution of detached houses by size in Salfords, and where 44 PARK AVENUE lies on this distribution: 10% of detached houses are smaller than 44 PARK AVENUE, and 87% of houses are larger. Note that EPC data is not available for all properties in Salfords.

44 PARK AVENUE: Plot and Title Map

44 PARK AVENUE sits on a plot of roughly 0.137 of an acre, or 555m². The below map shows the location of 44 PARK 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 44 PARK 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 44 PARK AVENUE?

44 PARK AVENUE is located in REDHILL, in the RH1 postcode district. The below map shows the position of No. 44 on PARK AVENUE.