2, THE MOUNT DRIVE, REIGATE, RH2 0EZ - £767,000

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 THE MOUNT DRIVE is a midsized extended detached house of 170m², built sometime between 1950 and 1966. It was last sold for £767,000 in September 2009, which was around 71% above the average September 2009 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was March 2009, where the current energy rating was E, and the potential energy rating was C.

2 THE MOUNT DRIVE Sold Prices

Land registry data shows two sales for 2 THE MOUNT DRIVE 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 2 THE MOUNT DRIVE 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
2009 1 SEP	£767,000	£449,199	71% above HPI
2002 30 OCT	£499,950	£370,149	35% above HPI

2 THE MOUNT 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 two 2 THE MOUNT DRIVE sales from October 2002 and September 2009 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 2002 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the September 2009 sale, where it rises to 71% above the HPI. The line then continues to track at 71% above the HPI.

How Large is 2 THE MOUNT DRIVE?

2 THE MOUNT DRIVE is 170m², which includes two extensions, according to the EPC inspection conducted in March 2009. This puts it in the largest 50% 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 THE MOUNT DRIVE lies on this distribution: 56% of detached houses are smaller than 2 THE MOUNT DRIVE, and 44% of houses are larger. Note that EPC data is not available for all properties in Reigate.

2 THE MOUNT DRIVE: Plot and Title Map

2 THE MOUNT DRIVE sits on a plot of roughly 0.491 of an acre, or 1,987m². The below map shows the location of 2 THE MOUNT 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 THE MOUNT 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 THE MOUNT DRIVE?

2 THE MOUNT DRIVE is located in REIGATE, in the RH2 postcode district. The below map shows the position of No. 2 on THE MOUNT DRIVE.