2, BROOKLANDS WAY, REDHILL, RH1 2BW - £275,000

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.

2 BROOKLANDS WAY is a very small semi-detached house of 75m², built sometime between 1950 and 1966, which could now be worth an estimated £505,438. It was last sold for £275,000 in May 2012, which was around 7% below the average May 2012 semi-detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was C.

2 BROOKLANDS WAY Sold Prices

Land registry data shows one sale for 2 BROOKLANDS WAY since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-detached price in the Reigate and Banstead local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2012 26 MAY	£275,000	£295,039	7% below HPI

What might 2 BROOKLANDS WAY be worth now?

2 BROOKLANDS WAY might now be worth an estimated £505,438.

This is based on house price inflation of 83.8%, between May 2012 and May 2026, for semi-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 83.8% inflationary increase is applied to the most recent sale price for 2 BROOKLANDS WAY of £275,000 on 26th May 2012. For the value to have increased from £275,000 to £505,438 over the fourteen years to May 2026, the following assumptions must hold true:

• The value of 2 BROOKLANDS WAY has moved in line with the HPI for semi-detached houses in the Reigate and Banstead local authority area.
• The May 2012 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BROOKLANDS WAY has not materially changed since May 2012.

How Large is 2 BROOKLANDS WAY?

2 BROOKLANDS WAY is 75m² according to the EPC inspection conducted in March 2012. This puts it in the smallest 20% of semi-detached houses in Redhill, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Redhill, and where 2 BROOKLANDS WAY lies on this distribution: 17% of semi-detached houses are smaller than 2 BROOKLANDS WAY, and 82% of semi-detached houses are larger. Note that EPC data is not available for all properties in Redhill.

2 BROOKLANDS WAY: Plot

2 BROOKLANDS WAY sits on a plot of roughly 0.110 of an acre, or 445m².

Where is 2 BROOKLANDS WAY?

2 BROOKLANDS WAY is located in REDHILL, in the RH1 postcode district.