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

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 PILGRIMS PLACE is a large detached house of 215m², built sometime between 1991 and 1995, which could now be worth an estimated £1,430,556. It was last sold for £1,290,000 in June 2020, which was around 59% 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	£810,328	59% above HPI
2004 20 DEC	£665,000	£436,318	52% above HPI
2002 10 DEC	£500,000	£402,025	24% 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 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the June 2020 sale, where it rises to 59% above the HPI. The line then continues to track at 59% above the HPI.

What might 3 PILGRIMS PLACE be worth now?

3 PILGRIMS PLACE might now be worth an estimated £1,430,556.

This is based on house price inflation of 10.9%, between June 2020 and February 2025, for 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 10.9% inflationary increase is applied to the most recent sale price for 3 PILGRIMS PLACE of £1,290,000 on 26th June 2020. For the value to have increased from £1,290,000 to £1,430,556 over the five years and four months to February 2025, the following assumptions must hold true:

• The value of 3 PILGRIMS PLACE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The June 2020 sale price of £1,290,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PILGRIMS PLACE has not materially changed since June 2020.

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 houses in Reigate, based on EPC data. The below chart shows the distribution of detached houses houses by size in Reigate, and where 3 PILGRIMS PLACE lies on this distribution: 76% of detached houses 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.