15, ORCHARD WAY, REIGATE, RH2 8DS - £515,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

15 ORCHARD WAY is a very small semi-detached house of 85m², built sometime between 1930 and 1949, which could now be worth an estimated £595,017. It was last sold for £515,000 in August 2018, which was around 12% above the average August 2018 semi-detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was May 2011, where the current energy rating was E, and the potential energy rating was E.

15 ORCHARD WAY Sold Prices

Land registry data shows four sales for 15 ORCHARD WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Reigate and Banstead local authority area for the corresponding sale date. Most of the four 15 ORCHARD WAY 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
2018 22 AUG	£515,000	£461,089	12% above HPI
2011 21 OCT	£266,000	£295,532	10% below HPI
2005 8 JUL	£244,000	£259,748	6% below HPI
1999 30 JUL	£119,500	£126,153	5% below HPI

15 ORCHARD WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Reigate and Banstead local authority area over time, sourced from the HPI. The four 15 ORCHARD WAY sales between July 1999 and August 2018 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 2011 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the August 2018 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 15 ORCHARD WAY be worth now?

15 ORCHARD WAY might now be worth an estimated £595,017.

This is based on house price inflation of 15.5%, between August 2018 and December 2024, 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 15.5% inflationary increase is applied to the most recent sale price for 15 ORCHARD WAY of £515,000 on 22nd August 2018. For the value to have increased from £515,000 to £595,017 over the five years and eight months to December 2024, the following assumptions must hold true:

• The value of 15 ORCHARD WAY has moved in line with the HPI for semi-detached houses in the Reigate and Banstead local authority area.
• The August 2018 sale price of £515,000 represented a fair market value for the property.
• The size, condition, and specification of 15 ORCHARD WAY has not materially changed since August 2018.

How Large is 15 ORCHARD WAY?

15 ORCHARD WAY is 85m² according to the EPC inspection conducted in May 2011. This puts it in the smallest 10% of semi-detached houses houses in Reigate, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Reigate, and where 15 ORCHARD WAY lies on this distribution: 4% of semi-detached houses houses are smaller than 15 ORCHARD WAY, and 96% of houses are larger. Note that EPC data is not available for all properties in Reigate.

15 ORCHARD WAY: Plot and Title Map

15 ORCHARD WAY sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 15 ORCHARD WAY, 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 WAY). 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 WAY?

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