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 WRAYFIELD AVENUE is a very small extended detached house of 85m², built sometime between 1950 and 1966. It was last sold for £440,000 in March 2014, which was around 24% below the average March 2014 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was April 2009, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 2 WRAYFIELD AVENUE since 1st 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 WRAYFIELD AVENUE 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 |
---|---|---|---|
2014 21 MAR | £440,000 | £578,603 | 24% below HPI |
2001 9 JUL | £250,000 | £306,243 | 18% below HPI |
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 WRAYFIELD AVENUE sales from July 2001 and March 2014 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 2001 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the March 2014 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.
2 WRAYFIELD AVENUE is 85m², which includes one extension, according to the EPC inspection conducted in April 2009. This puts it in the smallest 10% 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 WRAYFIELD AVENUE lies on this distribution: 4% of detached houses are smaller than 2 WRAYFIELD AVENUE, and 96% of houses are larger. Note that EPC data is not available for all properties in Reigate.
2 WRAYFIELD AVENUE sits on a plot of roughly 0.123 of an acre, or 498m². The below map shows the location of 2 WRAYFIELD AVENUE, 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 WRAYFIELD AVENUE). 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.
2 WRAYFIELD AVENUE is located in REIGATE, in the RH2 postcode district. The below map shows the position of No. 2 on WRAYFIELD AVENUE.