BROOK VIEW, BROOK ROAD, REDHILL, RH1 6DL - £424,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

BROOK VIEW is a very small extended detached house of 73m², built sometime between 1900 and 1929, which could now be worth an estimated £438,906. It was last sold for £424,000 in June 2022, which was around 52% below the average June 2022 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was October 2016, where the current energy rating was E, and the potential energy rating was B.

BROOK VIEW Sold Prices

Land registry data shows four sales for BROOK VIEW since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. All of the four BROOK VIEW 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
2022 22 JUN	£424,000	£889,744	52% below HPI
2018 3 JAN	£355,000	£784,257	55% below HPI
2002 23 AUG	£167,500	£370,920	55% below HPI
1996 25 NOV	£65,000	£162,603	60% below HPI

BROOK VIEW 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 four BROOK VIEW sales between November 1996 and June 2022 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 January 2018 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the June 2022 sale, where it rises to 52% below the HPI. The line then continues to track at 52% below the HPI.

What might BROOK VIEW be worth now?

BROOK VIEW might now be worth an estimated £438,906.

This is based on house price inflation of 3.5%, between June 2022 and May 2026, for detached houses, in the Reigate and Banstead local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.5% inflationary increase is applied to the most recent sale price for BROOK VIEW of £424,000 on 22nd June 2022. For the value to have increased from £424,000 to £438,906 over the four years and one month to May 2026, the following assumptions must hold true:

• The value of BROOK VIEW has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The June 2022 sale price of £424,000 represented a fair market value for the property.
• The size, condition, and specification of BROOK VIEW has not materially changed since June 2022.

How Large is BROOK VIEW?

BROOK VIEW is 73m², which includes one extension, according to the EPC inspection conducted in October 2016. This puts it in the smallest 10% of detached houses houses in Redhill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Redhill, and where BROOK VIEW lies on this distribution: 5% of detached houses houses are smaller than BROOK VIEW, and 95% of houses are larger. Note that EPC data is not available for all properties in Redhill.

BROOK VIEW: Plot and Title Map

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

BROOK VIEW is located on BROOK ROAD in REDHILL, in the RH1 postcode district. The below map shows the position of BROOK VIEW on BROOK ROAD.