FAIRWAYS, COLLEY MANOR DRIVE, REIGATE, RH2 9JS - £1,890,000

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

FAIRWAYS is a very large extended detached house of 333m², built sometime between 1930 and 1949. It was last sold for £1,890,000 in June 2024, which was around 116% above the average June 2024 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was C.

FAIRWAYS Sold Prices

Land registry data shows two sales for FAIRWAYS 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 FAIRWAYS 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 JUN	£1,890,000	£875,314	116% above HPI
2007 2 NOV	£1,150,000	£508,982	126% above HPI

FAIRWAYS 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 FAIRWAYS sales from November 2007 and June 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 November 2007 sale was for 126% above the HPI. So the extrapolation line tracks at 126% above the HPI over time, until the June 2024 sale, where it falls to 116% above the HPI. The line then continues to track at 116% above the HPI.

How Large is FAIRWAYS?

FAIRWAYS is 333m², which includes four extensions, according to the EPC inspection conducted in October 2023. This puts it in the largest 10% of detached houses in Reigate, based on EPC data. The below chart shows the distribution of detached houses by size in Reigate, and where FAIRWAYS lies on this distribution: 96% of detached houses are smaller than FAIRWAYS, and 4% of houses are larger. Note that EPC data is not available for all properties in Reigate.

FAIRWAYS: Plot and Title Map

FAIRWAYS sits on a plot of roughly 0.448 of an acre, or 1,814m². The below map shows the location of FAIRWAYS, 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 FAIRWAYS). 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 FAIRWAYS?

FAIRWAYS is located on COLLEY MANOR DRIVE in REIGATE, in the RH2 postcode district. The below map shows the position of FAIRWAYS on COLLEY MANOR DRIVE.