3, WRAYLANDS DRIVE, REIGATE, RH2 0LG - £1,285,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 WRAYLANDS DRIVE is a very large detached house of 311m², which could now be worth an estimated £1,478,022. It was last sold for £1,285,000 in July 2019, which was around 64% above the average July 2019 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was May 2011, where the current energy rating was B, and the potential energy rating was B.

3 WRAYLANDS DRIVE Sold Prices

Land registry data shows two sales for 3 WRAYLANDS DRIVE 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. Both of the two 3 WRAYLANDS DRIVE 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
2019 8 JUL	£1,285,000	£781,265	64% above HPI
2011 31 MAY	£1,185,000	£517,247	129% above HPI

3 WRAYLANDS 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 two 3 WRAYLANDS DRIVE sales from May 2011 and July 2019 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 May 2011 sale was for 129% above the HPI. So the extrapolation line tracks at 129% above the HPI over time, until the July 2019 sale, where it falls to 64% above the HPI. The line then continues to track at 64% above the HPI.

What might 3 WRAYLANDS DRIVE be worth now?

3 WRAYLANDS DRIVE might now be worth an estimated £1,478,022.

This is based on house price inflation of 15%, between July 2019 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 15% inflationary increase is applied to the most recent sale price for 3 WRAYLANDS DRIVE of £1,285,000 on 8th July 2019. For the value to have increased from £1,285,000 to £1,478,022 over the six years and five months to February 2025, the following assumptions must hold true:

• The value of 3 WRAYLANDS DRIVE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The July 2019 sale price of £1,285,000 represented a fair market value for the property.
• The size, condition, and specification of 3 WRAYLANDS DRIVE has not materially changed since July 2019.

How Large is 3 WRAYLANDS DRIVE?

3 WRAYLANDS DRIVE is 311m² according to the EPC inspection conducted in May 2011. This puts it in the largest 10% of detached houses houses in Redhill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Redhill, and where 3 WRAYLANDS DRIVE lies on this distribution: 98% of detached houses houses are smaller than 3 WRAYLANDS DRIVE, and 2% of houses are larger. Note that EPC data is not available for all properties in Redhill.

3 WRAYLANDS DRIVE: Plot and Title Map

3 WRAYLANDS DRIVE sits on a plot of roughly 0.208 of an acre, or 843m². The below map shows the location of 3 WRAYLANDS 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 3 WRAYLANDS 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 3 WRAYLANDS DRIVE?

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