2, THE RIDINGS, KINGSWOOD, TADWORTH, KT20 6HJ - £1,165,000

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.

2 THE RIDINGS is a small extended detached house of 237m², built sometime between 1967 and 1975, which could now be worth an estimated £1,288,568. It was last sold for £1,165,000 in August 2018, which was around 43% above the average August 2018 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was C.

2 THE RIDINGS Sold Prices

Land registry data shows three sales for 2 THE RIDINGS 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 THE RIDINGS 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
2018 30 AUG	£1,165,000	£812,446	43% above HPI
2013 1 FEB	£862,500	£551,537	56% above HPI
1997 8 MAY	£277,500	£172,179	61% above HPI

2 THE RIDINGS 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 THE RIDINGS sales between May 1997 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 February 2013 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the August 2018 sale, where it falls to 43% above the HPI. The line then continues to track at 43% above the HPI.

What might 2 THE RIDINGS be worth now?

2 THE RIDINGS might now be worth an estimated £1,288,568.

This is based on house price inflation of 10.6%, between August 2018 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 10.6% inflationary increase is applied to the most recent sale price for 2 THE RIDINGS of £1,165,000 on 30th August 2018. For the value to have increased from £1,165,000 to £1,288,568 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of 2 THE RIDINGS has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The August 2018 sale price of £1,165,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE RIDINGS has not materially changed since August 2018.

How Large is 2 THE RIDINGS?

2 THE RIDINGS is 237m², which includes two extensions, according to the EPC inspection conducted in September 2010. This puts it in the smallest 40% of detached houses houses in Kingswood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kingswood, and where 2 THE RIDINGS lies on this distribution: 39% of detached houses houses are smaller than 2 THE RIDINGS, and 61% of houses are larger. Note that EPC data is not available for all properties in Kingswood.

2 THE RIDINGS: Plot and Title Map

2 THE RIDINGS sits on a plot of roughly 0.285 of an acre, or 1,155m². The below map shows the location of 2 THE RIDINGS, 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 RIDINGS). 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 RIDINGS?

2 THE RIDINGS is located in KINGSWOOD, in the KT20 postcode district. The below map shows the position of No. 2 on THE RIDINGS.