3, PILGRIMS PLACE, REIGATE, RH2 9LF - £1,290,000

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 PILGRIMS PLACE is a large detached house of 215m², built sometime between 1991 and 1995. It was last sold for £1,290,000 in June 2020, which was around 67% above the average June 2020 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was C.

3 PILGRIMS PLACE Sold Prices

Land registry data shows three sales for 3 PILGRIMS PLACE 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 3 PILGRIMS PLACE 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
2020 26 JUN	£1,290,000	£772,576	67% above HPI
2004 20 DEC	£665,000	£415,991	60% above HPI
2002 10 DEC	£500,000	£383,296	30% above HPI

3 PILGRIMS PLACE 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 3 PILGRIMS PLACE sales between December 2002 and June 2020 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 2004 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the June 2020 sale, where it rises to 67% above the HPI. The line then continues to track at 67% above the HPI.

How Large is 3 PILGRIMS PLACE?

3 PILGRIMS PLACE is 215m² according to the EPC inspection conducted in April 2018. 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 PILGRIMS PLACE lies on this distribution: 77% of detached houses are smaller than 3 PILGRIMS PLACE, and 23% of houses are larger. Note that EPC data is not available for all properties in Reigate.

3 PILGRIMS PLACE: Plot and Title Map

3 PILGRIMS PLACE sits on a plot of roughly 0.193 of an acre, or 782m². The below map shows the location of 3 PILGRIMS PLACE, 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 PILGRIMS PLACE). 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 PILGRIMS PLACE?

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