7, BRIGHTLANDS ROAD, REIGATE, RH2 0EP - £1,950,000

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 BRIGHTLANDS ROAD is a very large extended detached house of 250m², built sometime between 1976 and 1982. It was last sold for £1,950,000 in August 2023, which was around 117% above the average August 2023 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was C.

7 BRIGHTLANDS ROAD Sold Prices

Land registry data shows two sales for 7 BRIGHTLANDS 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 7 BRIGHTLANDS ROAD 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
2023 25 AUG	£1,950,000	£898,048	117% above HPI
2001 12 DEC	£470,000	£320,979	46% above HPI

7 BRIGHTLANDS 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 7 BRIGHTLANDS ROAD sales from December 2001 and August 2023 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 December 2001 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the August 2023 sale, where it rises to 117% above the HPI. The line then continues to track at 117% above the HPI.

How Large is 7 BRIGHTLANDS ROAD?

7 BRIGHTLANDS ROAD is 250m², which includes two extensions, according to the EPC inspection conducted in August 2022. This puts it in the largest 20% 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 BRIGHTLANDS ROAD lies on this distribution: 87% of detached houses are smaller than 7 BRIGHTLANDS ROAD, and 13% of houses are larger. Note that EPC data is not available for all properties in Reigate.

7 BRIGHTLANDS ROAD: Plot and Title Map

7 BRIGHTLANDS ROAD sits on a plot of roughly 0.487 of an acre, or 1,969m². The below map shows the location of 7 BRIGHTLANDS 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 7 BRIGHTLANDS 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 7 BRIGHTLANDS ROAD?

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