TIMBERLINE, OAK WAY, REIGATE, RH2 7ES - £1,120,000

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

TIMBERLINE is a large detached house of 204m², built sometime between 1996 and 2002. It was last sold for £1,120,000 in September 2018, which was around 44% above the average September 2018 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was C.

TIMBERLINE Sold Prices

Land registry data shows two sales for TIMBERLINE 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 TIMBERLINE 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
2018 6 SEP	£1,120,000	£776,501	44% above HPI
1997 27 AUG	£375,000	£179,940	108% above HPI

TIMBERLINE 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 TIMBERLINE sales from August 1997 and September 2018 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 August 1997 sale was for 108% above the HPI. So the extrapolation line tracks at 108% above the HPI over time, until the September 2018 sale, where it falls to 44% above the HPI. The line then continues to track at 44% above the HPI.

How Large is TIMBERLINE?

TIMBERLINE is 204m² according to the EPC inspection conducted in May 2018. 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 TIMBERLINE lies on this distribution: 72% of detached houses are smaller than TIMBERLINE, and 28% of houses are larger. Note that EPC data is not available for all properties in Reigate.

TIMBERLINE: Plot and Title Map

TIMBERLINE sits on a plot of roughly 0.182 of an acre, or 737m². The below map shows the location of TIMBERLINE, 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 TIMBERLINE). 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 TIMBERLINE?

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