8, COTLAND ACRES, REDHILL, RH1 6JZ - £647,500

8 COTLAND ACRES is a very large extended detached house of 195m², built sometime between 1991 and 1995. It was last sold for £647,500 in October 2013, which was around 18% above the average October 2013 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was April 2009, where the current energy rating was D, and the potential energy rating was D.

8 COTLAND ACRES Sold Prices

Land registry data shows three sales for 8 COTLAND ACRES 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. One of the three 8 COTLAND ACRES sales was for above the average price, whilst two 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
2013 9 OCT	£647,500	£549,507	18% above HPI
2002 1 MAR	£305,000	£328,097	7% below HPI
1995 14 JUL	£94,000	£147,160	36% below HPI

8 COTLAND ACRES 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 8 COTLAND ACRES sales between July 1995 and October 2013 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 March 2002 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the October 2013 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 8 COTLAND ACRES?

8 COTLAND ACRES is 195m², which includes two extensions, according to the EPC inspection conducted in April 2009. 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 8 COTLAND ACRES lies on this distribution: 84% of detached houses are smaller than 8 COTLAND ACRES, and 16% of houses are larger. Note that EPC data is not available for all properties in Redhill.

8 COTLAND ACRES: Plot and Title Map

8 COTLAND ACRES sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of 8 COTLAND ACRES, 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 COTLAND ACRES). 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 COTLAND ACRES?

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