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

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

RUSHETTS is a midsized extended detached house of 168m², built sometime between 1930 and 1949. It was last sold for £974,000 in April 2012, which was around 95% 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	£499,247	95% above HPI
2002 24 MAY	£537,500	£334,875	61% 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 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the April 2012 sale, where it rises to 95% above the HPI. The line then continues to track at 95% above the HPI.

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 in Reigate, based on EPC data. The below chart shows the distribution of detached houses by size in Reigate, and where RUSHETTS lies on this distribution: 54% of detached 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.