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
4 TREE WAY is a very large extended detached house of 443m², built sometime from 2007 onwards. It was last sold for £2,331,000 in June 2021, which was around 198% above the average June 2021 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows four sales for 4 TREE WAY since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. All of the four 4 TREE WAY 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 29 JUN | £2,331,000 | £781,469 | 198% above HPI |
2016 22 AUG | £1,900,000 | £750,545 | 153% above HPI |
2011 4 APR | £885,000 | £498,558 | 78% above HPI |
1999 6 JUL | £380,000 | £222,961 | 70% above HPI |
The below graph shows the average detached house price in the Reigate and Banstead local authority area over time, sourced from the HPI. The four 4 TREE WAY sales between July 1999 and June 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 August 2016 sale was for 153% above the HPI. So the extrapolation line tracks at 153% above the HPI over time, until the June 2021 sale, where it rises to 198% above the HPI. The line then continues to track at 198% above the HPI.
4 TREE WAY is 443m², which includes two extensions, according to the EPC inspection conducted in March 2016. This puts it in the largest 10% 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 TREE WAY lies on this distribution: 99% of detached houses are smaller than 4 TREE WAY, and 1% of houses are larger. Note that EPC data is not available for all properties in Reigate.
4 TREE WAY sits on a plot of roughly 0.476 of an acre, or 1,926m². The below map shows the location of 4 TREE 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 TREE 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.
4 TREE WAY is located in REIGATE, in the RH2 postcode district. The below map shows the position of No. 4 on TREE WAY.