4, SHERIDAN DRIVE, REIGATE, RH2 0UE - £1,300,000

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

4 SHERIDAN DRIVE is a large detached house of 192m², built sometime between 1991 and 1995. It was last sold for £1,300,000 in February 2021, which was around 57% above the average February 2021 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was C.

4 SHERIDAN DRIVE Sold Prices

Land registry data shows three sales for 4 SHERIDAN DRIVE 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 4 SHERIDAN 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
2021 2 FEB	£1,300,000	£826,905	57% above HPI
2016 14 NOV	£1,200,000	£767,087	56% above HPI
1996 13 DEC	£390,000	£163,807	138% above HPI

4 SHERIDAN 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 three 4 SHERIDAN DRIVE sales between December 1996 and February 2021 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 2016 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the February 2021 sale, where it rises to 57% above the HPI. The line then continues to track at 57% above the HPI.

What might 4 SHERIDAN DRIVE be worth now?

4 SHERIDAN DRIVE might now be worth an estimated £1,418,664.

This is based on house price inflation of 9.1%, between February 2021 and December 2024, 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 9.1% inflationary increase is applied to the most recent sale price for 4 SHERIDAN DRIVE of £1,300,000 on 2nd February 2021. For the value to have increased from £1,300,000 to £1,418,664 over the two years and two months to December 2024, the following assumptions must hold true:

• The value of 4 SHERIDAN DRIVE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The February 2021 sale price of £1,300,000 represented a fair market value for the property.
• The size, condition, and specification of 4 SHERIDAN DRIVE has not materially changed since February 2021.

How Large is 4 SHERIDAN DRIVE?

4 SHERIDAN DRIVE is 192m² according to the EPC inspection conducted in June 2016. This puts it in the largest 40% 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 4 SHERIDAN DRIVE lies on this distribution: 66% of detached houses houses are smaller than 4 SHERIDAN DRIVE, and 33% of houses are larger. Note that EPC data is not available for all properties in Reigate.

4 SHERIDAN DRIVE: Plot and Title Map

4 SHERIDAN DRIVE sits on a plot of roughly 0.253 of an acre, or 1,024m². The below map shows the location of 4 SHERIDAN 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 4 SHERIDAN 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 4 SHERIDAN DRIVE?

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