54, REED DRIVE, REDHILL, RH1 6TB - £495,000

54 REED DRIVE is a very large extended detached house of 343m², built sometime between 1996 and 2002. It was last sold for £495,000 in March 2006, which was around 16% above the average March 2006 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was September 2023, where the current energy rating was B, and the potential energy rating was B.

54 REED DRIVE Sold Prices

Land registry data shows two sales for 54 REED DRIVE 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 54 REED DRIVE 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
2006 17 MAR	£495,000	£425,102	16% above HPI
2000 28 JUN	£335,995	£266,139	26% above HPI

54 REED DRIVE 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 54 REED DRIVE sales from June 2000 and March 2006 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 June 2000 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the March 2006 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 54 REED DRIVE?

54 REED DRIVE is 343m², which includes four extensions, according to the EPC inspection conducted in September 2023. This puts it in the largest 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 54 REED DRIVE lies on this distribution: 99% of detached houses are smaller than 54 REED DRIVE, and 1% of houses are larger. Note that EPC data is not available for all properties in Redhill.

54 REED DRIVE: Plot and Title Map

54 REED DRIVE sits on a plot of roughly 0.207 of an acre, or 837m². The below map shows the location of 54 REED DRIVE, 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 54 REED DRIVE). 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 54 REED DRIVE?

54 REED DRIVE is located in REDHILL, in the RH1 postcode district. The below map shows the position of No. 54 on REED DRIVE.