4, ORCHARD WAY, REIGATE, RH2 8DT - £650,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

4 ORCHARD WAY is a small extended detached house of 140m², built sometime between 1950 and 1966. It was last sold for £650,000 in December 2019, which was around 14% below the average December 2019 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was November 2017, where the current energy rating was C, and the potential energy rating was B.

4 ORCHARD WAY Sold Prices

Land registry data shows two sales for 4 ORCHARD WAY 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 4 ORCHARD WAY sales were 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
2019 19 DEC	£650,000	£758,389	14% below HPI
2004 30 NOV	£230,000	£411,982	44% below HPI

4 ORCHARD WAY 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 4 ORCHARD WAY sales from November 2004 and December 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 November 2004 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the December 2019 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 4 ORCHARD WAY?

4 ORCHARD WAY is 140m², which includes three extensions, according to the EPC inspection conducted in November 2017. This puts it in the smallest 40% of detached houses in Reigate, based on EPC data. The below chart shows the distribution of detached houses by size in Reigate, and where 4 ORCHARD WAY lies on this distribution: 35% of detached houses are smaller than 4 ORCHARD WAY, and 65% of houses are larger. Note that EPC data is not available for all properties in Reigate.

4 ORCHARD WAY: Plot and Title Map

4 ORCHARD WAY sits on a plot of roughly 0.103 of an acre, or 416m². The below map shows the location of 4 ORCHARD WAY, 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 4 ORCHARD WAY). 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 4 ORCHARD WAY?

4 ORCHARD WAY is located in REIGATE, in the RH2 postcode district. The below map shows the position of No. 4 on ORCHARD WAY.