8, CHARMAN ROAD, REDHILL, RH1 6AG - £545,000

8 CHARMAN ROAD is a very small extended detached house of 91m², built sometime between 1900 and 1929. It was last sold for £545,000 in June 2021, which was around 30% below the average June 2021 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was April 2013, where the current energy rating was E, and the potential energy rating was B.

8 CHARMAN ROAD Sold Prices

Land registry data shows two sales for 8 CHARMAN ROAD 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 8 CHARMAN ROAD 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
2021 25 JUN	£545,000	£781,469	30% below HPI
2013 31 MAY	£375,000	£523,176	28% below HPI

8 CHARMAN ROAD 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 8 CHARMAN ROAD sales from May 2013 and June 2021 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 2013 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the June 2021 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 8 CHARMAN ROAD?

8 CHARMAN ROAD is 91m², which includes one extension, according to the EPC inspection conducted in April 2013. This puts it in the smallest 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 8 CHARMAN ROAD lies on this distribution: 17% of detached houses are smaller than 8 CHARMAN ROAD, and 82% of houses are larger. Note that EPC data is not available for all properties in Redhill.

8 CHARMAN ROAD: Plot and Title Map

8 CHARMAN ROAD sits on a plot of roughly 0.047 of an acre, or 190m². The below map shows the location of 8 CHARMAN ROAD, 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 8 CHARMAN ROAD). 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 8 CHARMAN ROAD?

8 CHARMAN ROAD is located in REDHILL, in the RH1 postcode district. The below map shows the position of No. 8 on CHARMAN ROAD.