3, PARKGATE ROAD, REIGATE, RH2 7JD - £570,000

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

3 PARKGATE ROAD is a very small extended semi-detached house of 89m², built sometime between 1950 and 1966, which could now be worth an estimated £700,886. It was last sold for £570,000 in November 2016, which was around 32% above the average November 2016 semi-detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

3 PARKGATE ROAD Sold Prices

Land registry data shows four sales for 3 PARKGATE ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Reigate and Banstead local authority area for the corresponding sale date. All of the four 3 PARKGATE 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
2016 10 NOV	£570,000	£433,246	32% above HPI
2001 20 DEC	£219,950	£180,333	22% above HPI
1998 14 AUG	£130,000	£118,520	10% above HPI
1995 30 MAY	£85,500	£84,227	2% above HPI

3 PARKGATE ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Reigate and Banstead local authority area over time, sourced from the HPI. The four 3 PARKGATE ROAD sales between May 1995 and November 2016 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 December 2001 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the November 2016 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might 3 PARKGATE ROAD be worth now?

3 PARKGATE ROAD might now be worth an estimated £700,886.

This is based on house price inflation of 23%, between November 2016 and December 2024, for semi-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 23% inflationary increase is applied to the most recent sale price for 3 PARKGATE ROAD of £570,000 on 10th November 2016. For the value to have increased from £570,000 to £700,886 over the seven years and eleven months to December 2024, the following assumptions must hold true:

• The value of 3 PARKGATE ROAD has moved in line with the HPI for semi-detached houses in the Reigate and Banstead local authority area.
• The November 2016 sale price of £570,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PARKGATE ROAD has not materially changed since November 2016.

How Large is 3 PARKGATE ROAD?

3 PARKGATE ROAD is 89m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the smallest 10% of semi-detached houses houses in Reigate, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Reigate, and where 3 PARKGATE ROAD lies on this distribution: 5% of semi-detached houses houses are smaller than 3 PARKGATE ROAD, and 94% of houses are larger. Note that EPC data is not available for all properties in Reigate.

3 PARKGATE ROAD: Plot and Title Map

3 PARKGATE ROAD sits on a plot of roughly 0.111 of an acre, or 451m². The below map shows the location of 3 PARKGATE 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 PARKGATE 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 PARKGATE ROAD?

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