RIDGEWAY, REIGATE HILL, REIGATE, RH2 9PL - £820,000

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

RIDGEWAY is a very large detached house of 353m², built in 2018. It was last sold for £820,000 in December 2015, which was around 17% above the average December 2015 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was March 2021, where the current energy rating was B, and the potential energy rating was B.

RIDGEWAY Sold Prices

Land registry data shows two sales for RIDGEWAY 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 RIDGEWAY 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
2015 7 DEC	£820,000	£700,556	17% above HPI
1995 12 APR	£180,000	£144,778	24% above HPI

RIDGEWAY 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 RIDGEWAY sales from April 1995 and December 2015 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 April 1995 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the December 2015 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is RIDGEWAY?

RIDGEWAY is 353m² according to the EPC inspection conducted in March 2021. 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 RIDGEWAY lies on this distribution: 96% of detached houses are smaller than RIDGEWAY, and 4% of houses are larger. Note that EPC data is not available for all properties in Reigate.

RIDGEWAY: Plot and Title Map

RIDGEWAY sits on a plot of roughly 0.647 of an acre, or 2,617m². The below map shows the location of RIDGEWAY, 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 RIDGEWAY). 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 RIDGEWAY?

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