ROCK COTTAGE, REIGATE HILL, REIGATE, RH2 9PL - £615,000

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

ROCK COTTAGE is a very small extended detached house of 116m², built sometime before 1900. It was last sold for £615,000 in April 2023, which was around 29% below the average April 2023 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was C.

ROCK COTTAGE Sold Prices

Land registry data shows three sales for ROCK COTTAGE since 1^st 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. All of the three ROCK COTTAGE 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
2023 14 APR	£615,000	£870,783	29% below HPI
2014 16 OCT	£380,000	£644,176	41% below HPI
2002 20 DEC	£199,950	£383,296	48% below HPI

ROCK COTTAGE 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 three ROCK COTTAGE sales between December 2002 and April 2023 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 2014 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the April 2023 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is ROCK COTTAGE?

ROCK COTTAGE is 116m², which includes two extensions, according to the EPC inspection conducted in May 2022. This puts it in the smallest 20% of detached houses in Reigate, based on EPC data. The below chart shows the distribution of detached houses by size in Reigate, and where ROCK COTTAGE lies on this distribution: 19% of detached houses are smaller than ROCK COTTAGE, and 80% of houses are larger. Note that EPC data is not available for all properties in Reigate.

ROCK COTTAGE: Plot and Title Map

ROCK COTTAGE sits on a plot of roughly 0.047 of an acre, or 190m². The below map shows the location of ROCK COTTAGE, 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 ROCK COTTAGE). 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 ROCK COTTAGE?

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