5, HILLHOUSE DRIVE, REIGATE, RH2 8BH - £575,000

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

5 HILLHOUSE DRIVE is a very small extended detached house of 91m², built sometime between 1950 and 1966. It was last sold for £575,000 in May 2014, which was around 5% below the average May 2014 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was November 2015, where the current energy rating was E, and the potential energy rating was C.

5 HILLHOUSE DRIVE Sold Prices

Land registry data shows three sales for 5 HILLHOUSE 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 5 HILLHOUSE DRIVE 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
2014 2 MAY	£575,000	£605,243	5% below HPI
2006 28 JUL	£390,000	£452,913	14% below HPI
1999 13 AUG	£179,950	£241,629	26% below HPI

5 HILLHOUSE 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 5 HILLHOUSE DRIVE sales between August 1999 and May 2014 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 July 2006 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the May 2014 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 5 HILLHOUSE DRIVE be worth now?

5 HILLHOUSE DRIVE might now be worth an estimated £857,294.

This is based on house price inflation of 49.1%, between May 2014 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 49.1% inflationary increase is applied to the most recent sale price for 5 HILLHOUSE DRIVE of £575,000 on 2nd May 2014. For the value to have increased from £575,000 to £857,294 over the nine years and five months to December 2024, the following assumptions must hold true:

• The value of 5 HILLHOUSE DRIVE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The May 2014 sale price of £575,000 represented a fair market value for the property.
• The size, condition, and specification of 5 HILLHOUSE DRIVE has not materially changed since May 2014.

How Large is 5 HILLHOUSE DRIVE?

5 HILLHOUSE DRIVE is 91m², which includes one extension, according to the EPC inspection conducted in November 2015. This puts it in the smallest 10% 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 5 HILLHOUSE DRIVE lies on this distribution: 7% of detached houses houses are smaller than 5 HILLHOUSE DRIVE, and 93% of houses are larger. Note that EPC data is not available for all properties in Reigate.

5 HILLHOUSE DRIVE: Plot and Title Map

5 HILLHOUSE DRIVE sits on a plot of roughly 0.258 of an acre, or 1,045m². The below map shows the location of 5 HILLHOUSE 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 5 HILLHOUSE 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 5 HILLHOUSE DRIVE?

5 HILLHOUSE DRIVE is located in REIGATE, in the RH2 postcode district. The below map shows the position of No. 5 on HILLHOUSE DRIVE.