5, THE FAIRWAYS, REDHILL, RH1 6LP - £1,005,000

5 THE FAIRWAYS is a very large extended detached house of 205m², built sometime between 1996 and 2002. It was last sold for £1,005,000 in August 2019, which was around 33% above the average August 2019 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was April 2015, where the current energy rating was C, and the potential energy rating was C.

5 THE FAIRWAYS Sold Prices

Land registry data shows four sales for 5 THE FAIRWAYS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. All of the four 5 THE FAIRWAYS sales were for above 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
2019 12 AUG	£1,005,000	£756,209	33% above HPI
2015 14 AUG	£960,000	£683,930	40% above HPI
2002 2 AUG	£565,000	£353,639	60% above HPI
1998 31 JUL	£376,500	£204,770	84% above HPI

5 THE FAIRWAYS 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 four 5 THE FAIRWAYS sales between July 1998 and August 2019 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 August 2015 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the August 2019 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.

How Large is 5 THE FAIRWAYS?

5 THE FAIRWAYS is 205m², which includes one extension, according to the EPC inspection conducted in April 2015. This puts it in the largest 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 5 THE FAIRWAYS lies on this distribution: 87% of detached houses are smaller than 5 THE FAIRWAYS, and 13% of houses are larger. Note that EPC data is not available for all properties in Redhill.

5 THE FAIRWAYS: Plot and Title Map

5 THE FAIRWAYS sits on a plot of roughly 0.217 of an acre, or 876m². The below map shows the location of 5 THE FAIRWAYS, 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 5 THE FAIRWAYS). 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 5 THE FAIRWAYS?

5 THE FAIRWAYS is located in REDHILL, in the RH1 postcode district. The below map shows the position of No. 5 on THE FAIRWAYS.