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 SANDHILLS ROAD is a small extended detached house of 131m², built sometime between 1930 and 1949. It was last sold for £910,000 in August 2022, which was around 3% above the average August 2022 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 8 SANDHILLS ROAD since 1st 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. One of the three 8 SANDHILLS ROAD sales was for above the average price, whilst two 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 |
---|---|---|---|
2022 26 AUG | £910,000 | £883,513 | 3% above HPI |
2018 25 JAN | £690,000 | £747,720 | 8% below HPI |
2005 10 JUN | £265,000 | £425,023 | 38% below HPI |
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 8 SANDHILLS ROAD sales between June 2005 and August 2022 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 January 2018 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the August 2022 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.
8 SANDHILLS ROAD is 131m², which includes one extension, according to the EPC inspection conducted in August 2014. 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 8 SANDHILLS ROAD lies on this distribution: 29% of detached houses are smaller than 8 SANDHILLS ROAD, and 71% of houses are larger. Note that EPC data is not available for all properties in Reigate.
8 SANDHILLS ROAD sits on a plot of roughly 0.112 of an acre, or 453m². The below map shows the location of 8 SANDHILLS 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 8 SANDHILLS 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.
8 SANDHILLS ROAD is located in REIGATE, in the RH2 postcode district. The below map shows the position of No. 8 on SANDHILLS ROAD.