9, BEEHIVE WAY, REIGATE, RH2 8DY - £1,035,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

9 BEEHIVE WAY is a midsized detached house of 178m². It was last sold for £1,035,000 in September 2024, which was around 10% above the average September 2024 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was August 2020, where the current energy rating was B, and the potential energy rating was A.

9 BEEHIVE WAY Sold Prices

Land registry data shows two sales for 9 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 9 BEEHIVE WAY 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
2024 13 SEP	£1,035,000	£939,971	10% above HPI
2020 15 DEC	£860,000	£847,651	1% above HPI

9 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 9 BEEHIVE WAY sales from December 2020 and September 2024 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 2020 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the September 2024 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 9 BEEHIVE WAY be worth now?

9 BEEHIVE WAY might now be worth an estimated £993,614.

This is based on house price deflation of 4%, between September 2024 and December 2024, for detached houses, in the Reigate and Banstead local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4% deflationary decrease is applied to the most recent sale price for 9 BEEHIVE WAY of £1,035,000 on 13th September 2024. For the value to have decreased from £1,035,000 to £993,614 over the nine months to December 2024, the following assumptions must hold true:

• The value of 9 BEEHIVE WAY has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The September 2024 sale price of £1,035,000 represented a fair market value for the property.
• The size, condition, and specification of 9 BEEHIVE WAY has not materially changed since September 2024.

How Large is 9 BEEHIVE WAY?

9 BEEHIVE WAY is 178m² according to the EPC inspection conducted in August 2020. This puts it in the largest 50% of detached houses houses in Reigate, based on EPC data. The below chart shows the distribution of detached houses houses by size in Reigate, and where 9 BEEHIVE WAY lies on this distribution: 58% of detached houses houses are smaller than 9 BEEHIVE WAY, and 42% of houses are larger. Note that EPC data is not available for all properties in Reigate.

9 BEEHIVE WAY: Plot and Title Map

9 BEEHIVE WAY sits on a plot of roughly 0.134 of an acre, or 543m². The below map shows the location of 9 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 9 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 9 BEEHIVE WAY?

9 BEEHIVE WAY is located in REIGATE, in the RH2 postcode district. The below map shows the position of No. 9 on BEEHIVE WAY.