41, PRIORY DRIVE, REIGATE, RH2 8AF - £885,000

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

41 PRIORY DRIVE is a very small extended detached house of 97m², built sometime between 1950 and 1966. It was last sold for £885,000 in December 2021, which was around 6% above the average December 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 B.

41 PRIORY DRIVE Sold Prices

Land registry data shows three sales for 41 PRIORY 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. One of the three 41 PRIORY DRIVE sales was for above the average price, whilst two 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
2021 1 DEC	£885,000	£833,277	6% above HPI
2017 31 OCT	£700,000	£764,858	8% below HPI
2001 9 FEB	£285,000	£293,473	3% below HPI

41 PRIORY 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 41 PRIORY DRIVE sales between February 2001 and December 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 October 2017 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the December 2021 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 41 PRIORY DRIVE?

41 PRIORY DRIVE is 97m², which includes three extensions, according to the EPC inspection conducted in June 2016. This puts it in the smallest 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 41 PRIORY DRIVE lies on this distribution: 9% of detached houses are smaller than 41 PRIORY DRIVE, and 91% of houses are larger. Note that EPC data is not available for all properties in Reigate.

41 PRIORY DRIVE: Plot and Title Map

41 PRIORY DRIVE sits on a plot of roughly 0.123 of an acre, or 496m². The below map shows the location of 41 PRIORY 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 41 PRIORY 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 41 PRIORY DRIVE?

41 PRIORY DRIVE is located in REIGATE, in the RH2 postcode district. The below map shows the position of No. 41 on PRIORY DRIVE.