12, WINDMILL DRIVE, REIGATE, RH2 0JP - £660,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

12 WINDMILL DRIVE is a small extended detached house of 109m², built sometime between 1967 and 1975. It was last sold for £660,000 in August 2022, which was around 25% below the average August 2022 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was C.

12 WINDMILL DRIVE Sold Prices

Land registry data shows three sales for 12 WINDMILL DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. All of the three 12 WINDMILL DRIVE 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 31 AUG	£660,000	£883,513	25% below HPI
2007 25 JUL	£375,000	£496,261	24% below HPI
2006 2 JUN	£308,000	£424,879	28% below HPI

12 WINDMILL 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 three 12 WINDMILL DRIVE sales between June 2006 and August 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 July 2007 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the August 2022 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 12 WINDMILL DRIVE?

12 WINDMILL DRIVE is 109m², which includes one extension, according to the EPC inspection conducted in January 2022. This puts it in the smallest 40% of detached houses in Redhill, based on EPC data. The below chart shows the distribution of detached houses by size in Redhill, and where 12 WINDMILL DRIVE lies on this distribution: 33% of detached houses are smaller than 12 WINDMILL DRIVE, and 67% of houses are larger. Note that EPC data is not available for all properties in Redhill.

12 WINDMILL DRIVE: Plot and Title Map

12 WINDMILL DRIVE sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 12 WINDMILL 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 WINDMILL 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 WINDMILL DRIVE?

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