2, SPRINGCOPSE ROAD, REIGATE, RH2 7HH - £480,000

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 SPRINGCOPSE ROAD is a small extended detached house of 119m², built sometime between 1900 and 1929. It was last sold for £480,000 in April 2010, which was around 1% below the average April 2010 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was July 2009, where the current energy rating was E, and the potential energy rating was D.

2 SPRINGCOPSE ROAD Sold Prices

Land registry data shows three sales for 2 SPRINGCOPSE ROAD 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 SPRINGCOPSE ROAD 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
2010 1 APR	£480,000	£486,990	1% below HPI
2004 24 AUG	£350,000	£414,966	16% below HPI
1998 29 JUL	£184,500	£204,770	10% below HPI

2 SPRINGCOPSE 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 three 2 SPRINGCOPSE ROAD sales between July 1998 and April 2010 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 August 2004 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the April 2010 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 2 SPRINGCOPSE ROAD?

2 SPRINGCOPSE ROAD is 119m², which includes one extension, according to the EPC inspection conducted in July 2009. This puts it in the smallest 30% of detached houses in Reigate, based on EPC data. The below chart shows the distribution of detached houses by size in Reigate, and where 2 SPRINGCOPSE ROAD lies on this distribution: 21% of detached houses are smaller than 2 SPRINGCOPSE ROAD, and 79% of houses are larger. Note that EPC data is not available for all properties in Reigate.

2 SPRINGCOPSE ROAD: Plot and Title Map

2 SPRINGCOPSE ROAD sits on a plot of roughly 0.041 of an acre, or 165m². The below map shows the location of 2 SPRINGCOPSE 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 2 SPRINGCOPSE 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 2 SPRINGCOPSE ROAD?

2 SPRINGCOPSE ROAD is located in REIGATE, in the RH2 postcode district. The below map shows the position of No. 2 on SPRINGCOPSE ROAD.