7, THE FAIRWAYS, REDHILL, RH1 6LP - £950,000

7 THE FAIRWAYS is a very large extended detached house of 198m², built sometime between 1996 and 2002. It was last sold for £950,000 in December 2017, which was around 27% above the average December 2017 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was April 2017, where the current energy rating was C, and the potential energy rating was B.

7 THE FAIRWAYS Sold Prices

Land registry data shows three sales for 7 THE FAIRWAYS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. All of the three 7 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
2017 15 DEC	£950,000	£750,432	27% above HPI
2001 3 MAY	£495,000	£298,998	66% above HPI
1998 28 AUG	£308,000	£209,441	47% above HPI

7 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 three 7 THE FAIRWAYS sales between August 1998 and December 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 May 2001 sale was for 66% above the HPI. So the extrapolation line tracks at 66% above the HPI over time, until the December 2017 sale, where it falls to 27% above the HPI. The line then continues to track at 27% above the HPI.

How Large is 7 THE FAIRWAYS?

7 THE FAIRWAYS is 198m², which includes one extension, according to the EPC inspection conducted in April 2017. 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 7 THE FAIRWAYS lies on this distribution: 85% of detached houses are smaller than 7 THE FAIRWAYS, and 15% of houses are larger. Note that EPC data is not available for all properties in Redhill.

7 THE FAIRWAYS: Plot and Title Map

7 THE FAIRWAYS sits on a plot of roughly 0.302 of an acre, or 1,222m². The below map shows the location of 7 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 7 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 7 THE FAIRWAYS?

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