12, ASHFIELDS, ALMA ROAD, REIGATE, RH2 0BZ - £450,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

12 ASHFIELDS is a very small terraced house of 85m², built sometime between 1983 and 1990, which could now be worth an estimated £460,921. It was last sold for £450,000 in July 2023, which was around 7% above the average July 2023 terraced price in the Reigate and Banstead local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was B.

12 ASHFIELDS Sold Prices

Land registry data shows two sales for 12 ASHFIELDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Reigate and Banstead local authority area for the corresponding sale date. Both of the two 12 ASHFIELDS 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
2023 27 JUL	£450,000	£419,805	7% above HPI
2015 11 MAR	£380,000	£308,405	23% above HPI

12 ASHFIELDS Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Reigate and Banstead local authority area over time, sourced from the HPI. The two 12 ASHFIELDS sales from March 2015 and July 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 March 2015 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the July 2023 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 12 ASHFIELDS be worth now?

12 ASHFIELDS might now be worth an estimated £460,921.

This is based on house price inflation of 2.4%, between July 2023 and May 2026, for terraced 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 2.4% inflationary increase is applied to the most recent sale price for 12 ASHFIELDS of £450,000 on 27th July 2023. For the value to have increased from £450,000 to £460,921 over the three years and two months to May 2026, the following assumptions must hold true:

• The value of 12 ASHFIELDS has moved in line with the HPI for terraced houses in the Reigate and Banstead local authority area.
• The July 2023 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 12 ASHFIELDS has not materially changed since July 2023.

How Large is 12 ASHFIELDS?

12 ASHFIELDS is 85m² according to the EPC inspection conducted in January 2022. This puts it in the smallest 10% of terraced houses houses in Reigate, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Reigate, and where 12 ASHFIELDS lies on this distribution: 4% of terraced houses houses are smaller than 12 ASHFIELDS, and 96% of houses are larger. Note that EPC data is not available for all properties in Reigate.

12 ASHFIELDS: Plot and Title Map

12 ASHFIELDS sits on a plot of roughly 0.097 of an acre, or 392m². The below map shows the location of 12 ASHFIELDS, 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 12 ASHFIELDS). 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 12 ASHFIELDS?

12 ASHFIELDS is located on ALMA ROAD in REIGATE, in the RH2 postcode district. The below map shows the position of 12 ASHFIELDS on ALMA ROAD.