27, OAKFIELD DRIVE, REIGATE, RH2 9NR - £725,000

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

27 OAKFIELD DRIVE is a very small extended detached house of 115m², built sometime between 1967 and 1975. It was last sold for £725,000 in March 2021, which was around 7% below the average March 2021 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was B.

27 OAKFIELD DRIVE Sold Prices

Land registry data shows three sales for 27 OAKFIELD DRIVE 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 27 OAKFIELD DRIVE 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
2021 29 MAR	£725,000	£779,064	7% below HPI
2009 27 MAR	£345,000	£417,392	17% below HPI
1997 15 AUG	£167,500	£179,940	7% below HPI

27 OAKFIELD 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 three 27 OAKFIELD DRIVE sales between August 1997 and March 2021 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 2009 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the March 2021 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 27 OAKFIELD DRIVE?

27 OAKFIELD DRIVE is 115m², which includes one extension, according to the EPC inspection conducted in October 2020. This puts it in the smallest 20% of detached houses in Reigate, based on EPC data. The below chart shows the distribution of detached houses by size in Reigate, and where 27 OAKFIELD DRIVE lies on this distribution: 19% of detached houses are smaller than 27 OAKFIELD DRIVE, and 81% of houses are larger. Note that EPC data is not available for all properties in Reigate.

27 OAKFIELD DRIVE: Plot and Title Map

27 OAKFIELD DRIVE sits on a plot of roughly 0.108 of an acre, or 439m². The below map shows the location of 27 OAKFIELD 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 27 OAKFIELD 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 27 OAKFIELD DRIVE?

27 OAKFIELD DRIVE is located in REIGATE, in the RH2 postcode district. The below map shows the position of No. 27 on OAKFIELD DRIVE.