12, PRIORY DRIVE, REIGATE, RH2 8AF - £385,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

12 PRIORY DRIVE is a midsized extended detached house of 160m², built sometime between 1950 and 1966. It was last sold for £385,000 in September 2002, which was around 7% above the average September 2002 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was C.

12 PRIORY DRIVE Sold Prices

Land registry data shows two sales for 12 PRIORY 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. Both of the two 12 PRIORY DRIVE sales were for above 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
2002 30 SEP	£385,000	£359,872	7% above HPI
1997 29 SEP	£218,000	£182,502	19% above HPI

12 PRIORY 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 12 PRIORY DRIVE sales from September 1997 and September 2002 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 September 1997 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the September 2002 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 12 PRIORY DRIVE?

12 PRIORY DRIVE is 160m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the smallest 50% of detached houses in Reigate, based on EPC data. The below chart shows the distribution of detached houses by size in Reigate, and where 12 PRIORY DRIVE lies on this distribution: 49% of detached houses are smaller than 12 PRIORY DRIVE, and 50% of houses are larger. Note that EPC data is not available for all properties in Reigate.

12 PRIORY DRIVE: Plot and Title Map

12 PRIORY DRIVE sits on a plot of roughly 0.153 of an acre, or 621m². The below map shows the location of 12 PRIORY 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 12 PRIORY 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 12 PRIORY DRIVE?

12 PRIORY DRIVE is located in REIGATE, in the RH2 postcode district. The below map shows the position of No. 12 on PRIORY DRIVE.