2, ROYAL DRIVE, EPSOM, KT18 5PR - £825,000

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

2 ROYAL DRIVE is a small detached house of 104m², built sometime between 1950 and 1966. It was last sold for £825,000 in June 2022, which was around 3% below the average June 2022 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was December 2011, where the current energy rating was D, and the potential energy rating was D.

2 ROYAL DRIVE Sold Prices

Land registry data shows three sales for 2 ROYAL 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 2 ROYAL 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 15 JUN	£825,000	£848,292	3% below HPI
2015 28 JUL	£575,000	£669,898	14% below HPI
2001 16 JAN	£275,000	£292,702	6% below HPI

2 ROYAL 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 2 ROYAL DRIVE sales between January 2001 and June 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 2015 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the June 2022 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 2 ROYAL DRIVE?

2 ROYAL DRIVE is 104m² according to the EPC inspection conducted in December 2011. This puts it in the smallest 30% of detached houses in Great Burgh, based on EPC data. The below chart shows the distribution of detached houses by size in Great Burgh, and where 2 ROYAL DRIVE lies on this distribution: 20% of detached houses are smaller than 2 ROYAL DRIVE, and 80% of houses are larger. Note that EPC data is not available for all properties in Great Burgh.

2 ROYAL DRIVE: Plot and Title Map

2 ROYAL DRIVE sits on a plot of roughly 0.154 of an acre, or 622m². The below map shows the location of 2 ROYAL 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 2 ROYAL 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 2 ROYAL DRIVE?

2 ROYAL DRIVE is located in EPSOM, in the KT18 postcode district. The below map shows the position of No. 2 on ROYAL DRIVE.