15, ORCHARD ROAD, REIGATE, RH2 0PA - £670,000

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.

15 ORCHARD ROAD is a very small extended detached house of 98m², built sometime between 1900 and 1929, which could now be worth an estimated £1,140,227. It was last sold for £670,000 in February 2012, which was around 27% above the average February 2012 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was September 2011, where the current energy rating was C, and the potential energy rating was C.

15 ORCHARD ROAD Sold Prices

Land registry data shows two sales for 15 ORCHARD ROAD 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 15 ORCHARD ROAD 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
2012 24 FEB	£670,000	£528,031	27% above HPI
2000 28 JUL	£335,000	£291,678	15% above HPI

15 ORCHARD ROAD 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 15 ORCHARD ROAD sales from July 2000 and February 2012 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 2000 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the February 2012 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might 15 ORCHARD ROAD be worth now?

15 ORCHARD ROAD might now be worth an estimated £1,140,227.

This is based on house price inflation of 70.2%, between February 2012 and February 2025, 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 70.2% inflationary increase is applied to the most recent sale price for 15 ORCHARD ROAD of £670,000 on 24th February 2012. For the value to have increased from £670,000 to £1,140,227 over the thirteen years to February 2025, the following assumptions must hold true:

• The value of 15 ORCHARD ROAD has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The February 2012 sale price of £670,000 represented a fair market value for the property.
• The size, condition, and specification of 15 ORCHARD ROAD has not materially changed since February 2012.

How Large is 15 ORCHARD ROAD?

15 ORCHARD ROAD is 98m², which includes two extensions, according to the EPC inspection conducted in September 2011. This puts it in the smallest 10% of detached houses houses in Reigate, based on EPC data. The below chart shows the distribution of detached houses houses by size in Reigate, and where 15 ORCHARD ROAD lies on this distribution: 9% of detached houses houses are smaller than 15 ORCHARD ROAD, and 91% of houses are larger. Note that EPC data is not available for all properties in Reigate.

15 ORCHARD ROAD: Plot and Title Map

15 ORCHARD ROAD sits on a plot of roughly 0.138 of an acre, or 560m². The below map shows the location of 15 ORCHARD ROAD, 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 15 ORCHARD ROAD). 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 15 ORCHARD ROAD?

15 ORCHARD ROAD is located in REIGATE, in the RH2 postcode district. The below map shows the position of No. 15 on ORCHARD ROAD.