GREENRIDGE, REIGATE ROAD, REIGATE, RH2 9RE - £840,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

GREENRIDGE is a midsized extended detached house of 158m², built sometime between 1930 and 1949. It was last sold for £840,000 in August 2021, which was around 5% below the average August 2021 detached price in the Mole Valley local authority area. The most recent EPC inspection was July 2019, where the current energy rating was E, and the potential energy rating was C.

GREENRIDGE Sold Prices

Land registry data shows two sales for GREENRIDGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mole Valley local authority area for the corresponding sale date. Both of the two GREENRIDGE 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
2021 20 AUG	£840,000	£887,275	5% below HPI
1998 8 JAN	£218,000	£229,202	5% below HPI

GREENRIDGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mole Valley local authority area over time, sourced from the HPI. The two GREENRIDGE sales from January 1998 and August 2021 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 1998 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the August 2021 sale, which was also at 5% below the HPI.

How Large is GREENRIDGE?

GREENRIDGE is 158m², which includes one extension, according to the EPC inspection conducted in July 2019. This puts it in the smallest 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 GREENRIDGE lies on this distribution: 48% of detached houses are smaller than GREENRIDGE, and 51% of houses are larger. Note that EPC data is not available for all properties in Reigate.

GREENRIDGE: Plot and Title Map

GREENRIDGE sits on a plot of roughly 0.273 of an acre, or 1,103m². The below map shows the location of GREENRIDGE, 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 GREENRIDGE). 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 GREENRIDGE?

GREENRIDGE is located on REIGATE ROAD in REIGATE, in the RH2 postcode district. The below map shows the position of GREENRIDGE on REIGATE ROAD.