8, FAIRLAWN DRIVE, REDHILL, RH1 6JP - £785,000

8 FAIRLAWN DRIVE is a midsized extended detached house of 134m², built sometime between 1967 and 1975. It was last sold for £785,000 in October 2016, which was around 6% above the average October 2016 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was C.

8 FAIRLAWN DRIVE Sold Prices

Land registry data shows two sales for 8 FAIRLAWN 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. One of the two 8 FAIRLAWN DRIVE sales was for above the average price, whilst the other was 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
2016 5 OCT	£785,000	£743,384	6% above HPI
2003 28 NOV	£324,950	£391,382	17% below HPI

8 FAIRLAWN 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 8 FAIRLAWN DRIVE sales from November 2003 and October 2016 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 November 2003 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the October 2016 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 8 FAIRLAWN DRIVE?

8 FAIRLAWN DRIVE is 134m², which includes four extensions, according to the EPC inspection conducted in July 2016. This puts it in the largest 50% 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 FAIRLAWN DRIVE lies on this distribution: 55% of detached houses are smaller than 8 FAIRLAWN DRIVE, and 45% of houses are larger. Note that EPC data is not available for all properties in Redhill.

8 FAIRLAWN DRIVE: Plot and Title Map

8 FAIRLAWN DRIVE sits on a plot of roughly 0.180 of an acre, or 730m². The below map shows the location of 8 FAIRLAWN 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 8 FAIRLAWN 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 8 FAIRLAWN DRIVE?

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