7, BASSETT DRIVE, REIGATE, RH2 9JT - £205,000

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

7 BASSETT DRIVE is a small extended detached house of 125m², built sometime between 1996 and 2002. It was last sold for £205,000 in December 1999, which was around 18% below the average December 1999 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was January 2024, where the current energy rating was C, and the potential energy rating was C.

7 BASSETT DRIVE Sold Prices

Land registry data shows two sales for 7 BASSETT DRIVE 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 7 BASSETT 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
1999 23 DEC	£205,000	£248,662	18% below HPI
1999 1 JUL	£192,500	£222,961	14% below HPI

7 BASSETT 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 two 7 BASSETT DRIVE sales from July 1999 and December 1999 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 1999 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the December 1999 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 7 BASSETT DRIVE?

7 BASSETT DRIVE is 125m², which includes one extension, according to the EPC inspection conducted in January 2024. This puts it in the smallest 30% of detached houses in Reigate, based on EPC data. The below chart shows the distribution of detached houses by size in Reigate, and where 7 BASSETT DRIVE lies on this distribution: 25% of detached houses are smaller than 7 BASSETT DRIVE, and 75% of houses are larger. Note that EPC data is not available for all properties in Reigate.

7 BASSETT DRIVE: Plot and Title Map

7 BASSETT DRIVE sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 7 BASSETT 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 7 BASSETT 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 7 BASSETT DRIVE?

7 BASSETT DRIVE is located in REIGATE, in the RH2 postcode district. The below map shows the position of No. 7 on BASSETT DRIVE.