RUSHETTS, COLLEY WAY, REIGATE, RH2 9JH - £974,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

RUSHETTS is a midsized extended detached house of 168m², built sometime between 1930 and 1949, which could now be worth an estimated £1,678,481. It was last sold for £974,000 in April 2012, which was around 86% above the average April 2012 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was C.

RUSHETTS Sold Prices

Land registry data shows two sales for RUSHETTS 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 RUSHETTS 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 20 APR	£974,000	£523,642	86% above HPI
2002 24 MAY	£537,500	£351,238	53% above HPI

RUSHETTS 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 RUSHETTS sales from May 2002 and April 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 May 2002 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the April 2012 sale, where it rises to 86% above the HPI. The line then continues to track at 86% above the HPI.

What might RUSHETTS be worth now?

RUSHETTS might now be worth an estimated £1,678,481.

This is based on house price inflation of 72.3%, between April 2012 and December 2024, for detached houses, in the Reigate and Banstead local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 72.3% inflationary increase is applied to the most recent sale price for RUSHETTS of £974,000 on 20th April 2012. For the value to have increased from £974,000 to £1,678,481 over the eleven years and four months to December 2024, the following assumptions must hold true:

• The value of RUSHETTS has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The April 2012 sale price of £974,000 represented a fair market value for the property.
• The size, condition, and specification of RUSHETTS has not materially changed since April 2012.

How Large is RUSHETTS?

RUSHETTS is 168m², which includes three extensions, according to the EPC inspection conducted in November 2011. This puts it in the largest 50% of detached houses houses in Reigate, based on EPC data. The below chart shows the distribution of detached houses houses by size in Reigate, and where RUSHETTS lies on this distribution: 54% of detached houses houses are smaller than RUSHETTS, and 46% of houses are larger. Note that EPC data is not available for all properties in Reigate.

RUSHETTS: Plot and Title Map

RUSHETTS sits on a plot of roughly 0.355 of an acre, or 1,436m². The below map shows the location of RUSHETTS, 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 RUSHETTS). 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 RUSHETTS?

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