511, REIGATE ROAD, BURGH HEATH, TADWORTH, KT20 5PE - £587,500

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

511 REIGATE ROAD is a very small detached house of 73m², built sometime between 1950 and 1966. It was last sold for £587,500 in April 2021, which was around 24% below the average April 2021 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.

511 REIGATE ROAD Sold Prices

Land registry data shows two sales for 511 REIGATE ROAD 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 511 REIGATE ROAD 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
2021 16 APR	£587,500	£777,343	24% below HPI
2017 28 JUL	£455,000	£747,504	39% below HPI

511 REIGATE ROAD 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 511 REIGATE ROAD sales from July 2017 and April 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 July 2017 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the April 2021 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 511 REIGATE ROAD?

511 REIGATE ROAD is 73m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 10% of detached houses in Great Burgh, based on EPC data. The below chart shows the distribution of detached houses by size in Great Burgh, and where 511 REIGATE ROAD lies on this distribution: 1% of detached houses are smaller than 511 REIGATE ROAD, and 99% of houses are larger. Note that EPC data is not available for all properties in Great Burgh.

511 REIGATE ROAD: Plot and Title Map

511 REIGATE ROAD sits on a plot of roughly 0.106 of an acre, or 428m². The below map shows the location of 511 REIGATE ROAD, 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 511 REIGATE ROAD). 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 511 REIGATE ROAD?

511 REIGATE ROAD is located in BURGH HEATH, in the KT20 postcode district. The below map shows the position of No. 511 on REIGATE ROAD.