3, BRIGHTLANDS ROAD, REIGATE, RH2 0EP - £860,000

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

3 BRIGHTLANDS ROAD is a large extended detached house of 203m², built sometime between 1950 and 1966. It was last sold for £860,000 in October 2021, which was around 5% above the average October 2021 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was October 2019, where the current energy rating was E, and the potential energy rating was C.

3 BRIGHTLANDS ROAD Sold Prices

Land registry data shows two sales for 3 BRIGHTLANDS 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. One of the two 3 BRIGHTLANDS ROAD sales was for above the average price, whilst the other was 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 15 OCT	£860,000	£818,601	5% above HPI
2020 5 MAR	£605,000	£763,212	21% below HPI

3 BRIGHTLANDS 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 3 BRIGHTLANDS ROAD sales from March 2020 and October 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 2020 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the October 2021 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 3 BRIGHTLANDS ROAD?

3 BRIGHTLANDS ROAD is 203m², which includes one extension, according to the EPC inspection conducted in October 2019. This puts it in the largest 30% of detached houses in Reigate, based on EPC data. The below chart shows the distribution of detached houses by size in Reigate, and where 3 BRIGHTLANDS ROAD lies on this distribution: 72% of detached houses are smaller than 3 BRIGHTLANDS ROAD, and 28% of houses are larger. Note that EPC data is not available for all properties in Reigate.

3 BRIGHTLANDS ROAD: Plot and Title Map

3 BRIGHTLANDS ROAD sits on a plot of roughly 0.288 of an acre, or 1,167m². The below map shows the location of 3 BRIGHTLANDS 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 3 BRIGHTLANDS 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 3 BRIGHTLANDS ROAD?

3 BRIGHTLANDS ROAD is located in REIGATE, in the RH2 postcode district. The below map shows the position of No. 3 on BRIGHTLANDS ROAD.