2, UNDERHILL PARK ROAD, REIGATE, RH2 9LX - £577,500

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

2 UNDERHILL PARK ROAD is a very large extended detached house of 261m², built sometime between 1950 and 1966. It was last sold for £577,500 in September 1998, which was around 159% above the average September 1998 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was C.

2 UNDERHILL PARK ROAD Sold Prices

Land registry data shows two sales for 2 UNDERHILL PARK ROAD 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 UNDERHILL PARK ROAD 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
1998 7 SEP	£577,500	£223,238	159% above HPI
1997 20 MAR	£325,000	£169,178	92% above HPI

2 UNDERHILL PARK 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 two 2 UNDERHILL PARK ROAD sales from March 1997 and September 1998 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 March 1997 sale was for 92% above the HPI. So the extrapolation line tracks at 92% above the HPI over time, until the September 1998 sale, where it rises to 159% above the HPI. The line then continues to track at 159% above the HPI.

What might 2 UNDERHILL PARK ROAD be worth now?

2 UNDERHILL PARK ROAD might now be worth an estimated £2,334,402.

This is based on house price inflation of 304.2%, between September 1998 and December 2024, 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 304.2% inflationary increase is applied to the most recent sale price for 2 UNDERHILL PARK ROAD of £577,500 on 7th September 1998. For the value to have increased from £577,500 to £2,334,402 over the 25 years and nine months to December 2024, the following assumptions must hold true:

• The value of 2 UNDERHILL PARK ROAD has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The September 1998 sale price of £577,500 represented a fair market value for the property.
• The size, condition, and specification of 2 UNDERHILL PARK ROAD has not materially changed since September 1998.

How Large is 2 UNDERHILL PARK ROAD?

2 UNDERHILL PARK ROAD is 261m², which includes one extension, according to the EPC inspection conducted in March 2013. This puts it in the largest 20% of detached houses houses in Reigate, based on EPC data. The below chart shows the distribution of detached houses houses by size in Reigate, and where 2 UNDERHILL PARK ROAD lies on this distribution: 88% of detached houses houses are smaller than 2 UNDERHILL PARK ROAD, and 12% of houses are larger. Note that EPC data is not available for all properties in Reigate.

2 UNDERHILL PARK ROAD: Plot and Title Map

2 UNDERHILL PARK ROAD sits on a plot of roughly 0.969 of an acre, or 3,922m². The below map shows the location of 2 UNDERHILL PARK 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 UNDERHILL PARK 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 UNDERHILL PARK ROAD?

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