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
9 THE MOUNT DRIVE is a midsized extended detached house of 176m², built sometime between 1967 and 1975. It was last sold for £810,000 in April 2019, which was around 10% above the average April 2019 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 9 THE MOUNT DRIVE 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. The three 9 THE MOUNT DRIVE sales were a mix of above the average price, and roughly equal to 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 |
---|---|---|---|
2019 26 APR | £810,000 | £735,378 | 10% above HPI |
2005 24 AUG | £493,000 | £424,715 | 16% above HPI |
1996 23 OCT | £153,500 | £153,386 | Close to 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 9 THE MOUNT DRIVE sales between October 1996 and April 2019 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 2005 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the April 2019 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.
9 THE MOUNT DRIVE is 176m², which includes one extension, according to the EPC inspection conducted in September 2017. This puts it in the largest 50% of detached houses in Reigate, based on EPC data. The below chart shows the distribution of detached houses by size in Reigate, and where 9 THE MOUNT DRIVE lies on this distribution: 58% of detached houses are smaller than 9 THE MOUNT DRIVE, and 42% of houses are larger. Note that EPC data is not available for all properties in Reigate.
9 THE MOUNT DRIVE sits on a plot of roughly 0.271 of an acre, or 1,097m². The below map shows the location of 9 THE MOUNT 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 9 THE MOUNT 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.
9 THE MOUNT DRIVE is located in REIGATE, in the RH2 postcode district. The below map shows the position of No. 9 on THE MOUNT DRIVE.