HIGHCLERE, OAK WAY, REIGATE, RH2 7ES - £870,000

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

HIGHCLERE is a large extended detached house of 205m², built sometime between 1930 and 1949. It was last sold for £870,000 in July 2012, which was around 72% above the average July 2012 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was December 2011, where the current energy rating was D, and the potential energy rating was D.

HIGHCLERE Sold Prices

Land registry data shows two sales for HIGHCLERE 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 HIGHCLERE 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
2012 31 JUL	£870,000	£504,887	72% above HPI
2002 10 OCT	£550,000	£370,149	49% above HPI

HIGHCLERE 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 HIGHCLERE sales from October 2002 and July 2012 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 October 2002 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the July 2012 sale, where it rises to 72% above the HPI. The line then continues to track at 72% above the HPI.

How Large is HIGHCLERE?

HIGHCLERE is 205m², which includes three extensions, according to the EPC inspection conducted in December 2011. This puts it in the largest 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 HIGHCLERE lies on this distribution: 73% of detached houses are smaller than HIGHCLERE, and 27% of houses are larger. Note that EPC data is not available for all properties in Reigate.

HIGHCLERE: Plot and Title Map

HIGHCLERE sits on a plot of roughly 0.273 of an acre, or 1,107m². The below map shows the location of HIGHCLERE, 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 HIGHCLERE). 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 HIGHCLERE?

HIGHCLERE is located on OAK WAY in REIGATE, in the RH2 postcode district. The below map shows the position of HIGHCLERE on OAK WAY.