7, MAYFIELD CLOSE, REDHILL, RH1 5BB - £418,000

7 MAYFIELD CLOSE is a small extended detached house of 109m², built sometime between 1983 and 1990. It was last sold for £418,000 in February 2017, which was around 42% below the average February 2017 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was February 2009, where the current energy rating was D, and the potential energy rating was C.

7 MAYFIELD CLOSE Sold Prices

Land registry data shows two sales for 7 MAYFIELD CLOSE 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 7 MAYFIELD CLOSE 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
2017 23 FEB	£418,000	£725,212	42% below HPI
2002 3 JUL	£244,500	£344,098	29% below HPI

7 MAYFIELD CLOSE 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 7 MAYFIELD CLOSE sales from July 2002 and February 2017 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 2002 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the February 2017 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 7 MAYFIELD CLOSE?

7 MAYFIELD CLOSE is 109m², which includes one extension, according to the EPC inspection conducted in February 2009. This puts it in the smallest 40% of detached houses in Redhill, based on EPC data. The below chart shows the distribution of detached houses by size in Redhill, and where 7 MAYFIELD CLOSE lies on this distribution: 34% of detached houses are smaller than 7 MAYFIELD CLOSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Redhill.

7 MAYFIELD CLOSE: Plot and Title Map

7 MAYFIELD CLOSE sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 7 MAYFIELD CLOSE, 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 7 MAYFIELD CLOSE). 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 7 MAYFIELD CLOSE?

7 MAYFIELD CLOSE is located in REDHILL, in the RH1 postcode district. The below map shows the position of No. 7 on MAYFIELD CLOSE.