THE NOOK, BRIGHTON ROAD, REDHILL, RH1 6PX - £445,000

THE NOOK is a large detached house of 163m², built sometime between 1900 and 1929. It was last sold for £445,000 in August 2013, which was around 18% below the average August 2013 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was B.

THE NOOK Sold Prices

Land registry data shows two sales for THE NOOK 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 THE NOOK 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
2013 14 AUG	£445,000	£544,317	18% below HPI
1997 22 OCT	£126,000	£184,894	32% below HPI

THE NOOK 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 THE NOOK sales from October 1997 and August 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 October 1997 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the August 2013 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is THE NOOK?

THE NOOK is 163m² according to the EPC inspection conducted in September 2012. This puts it in the largest 30% of detached houses in Redhill, based on EPC data. The below chart shows the distribution of detached houses by size in Redhill, and where THE NOOK lies on this distribution: 73% of detached houses are smaller than THE NOOK, and 27% of houses are larger. Note that EPC data is not available for all properties in Redhill.

THE NOOK: Plot and Title Map

THE NOOK sits on a plot of roughly 0.097 of an acre, or 392m². The below map shows the location of THE NOOK, 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 THE NOOK). 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 THE NOOK?

THE NOOK is located on BRIGHTON ROAD in REDHILL, in the RH1 postcode district. The below map shows the position of THE NOOK on BRIGHTON ROAD.