8, BEEHIVE WAY, REIGATE, RH2 8DY - £710,000

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

8 BEEHIVE WAY is a small detached house of 145m², built sometime between 1976 and 1982. It was last sold for £710,000 in November 2016, which was around 3% below the average November 2016 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was April 2019, where the current energy rating was C, and the potential energy rating was B.

8 BEEHIVE WAY Sold Prices

Land registry data shows two sales for 8 BEEHIVE WAY 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 8 BEEHIVE WAY 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
2016 28 NOV	£710,000	£731,349	3% below HPI
2004 20 AUG	£385,000	£414,966	7% below HPI

8 BEEHIVE WAY 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 8 BEEHIVE WAY sales from August 2004 and November 2016 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 August 2004 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the November 2016 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 8 BEEHIVE WAY?

8 BEEHIVE WAY is 145m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 40% of detached houses in Reigate, based on EPC data. The below chart shows the distribution of detached houses by size in Reigate, and where 8 BEEHIVE WAY lies on this distribution: 39% of detached houses are smaller than 8 BEEHIVE WAY, and 60% of houses are larger. Note that EPC data is not available for all properties in Reigate.

8 BEEHIVE WAY: Plot and Title Map

8 BEEHIVE WAY sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of 8 BEEHIVE WAY, 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 8 BEEHIVE WAY). 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 8 BEEHIVE WAY?

8 BEEHIVE WAY is located in REIGATE, in the RH2 postcode district. The below map shows the position of No. 8 on BEEHIVE WAY.