15, WINDMILL DRIVE, REIGATE, RH2 0JP - £710,000

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.

15 WINDMILL DRIVE is a small extended detached house of 105m², built sometime between 1967 and 1975, which could now be worth an estimated £742,349. It was last sold for £710,000 in May 2023, which was around 22% below the average May 2023 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was C.

15 WINDMILL DRIVE Sold Prices

Land registry data shows two sales for 15 WINDMILL DRIVE 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 15 WINDMILL DRIVE 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 10 MAY	£710,000	£907,493	22% below HPI
2005 4 APR	£383,000	£428,941	11% below HPI

15 WINDMILL DRIVE 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 15 WINDMILL DRIVE sales from April 2005 and May 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 April 2005 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the May 2023 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 15 WINDMILL DRIVE be worth now?

15 WINDMILL DRIVE might now be worth an estimated £742,349.

This is based on house price inflation of 4.6%, between May 2023 and April 2026, 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 4.6% inflationary increase is applied to the most recent sale price for 15 WINDMILL DRIVE of £710,000 on 10th May 2023. For the value to have increased from £710,000 to £742,349 over the three years and one month to April 2026, the following assumptions must hold true:

• The value of 15 WINDMILL DRIVE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The May 2023 sale price of £710,000 represented a fair market value for the property.
• The size, condition, and specification of 15 WINDMILL DRIVE has not materially changed since May 2023.

How Large is 15 WINDMILL DRIVE?

15 WINDMILL DRIVE is 105m², which includes one extension, according to the EPC inspection conducted in October 2022. This puts it in the smallest 30% of detached houses houses in Redhill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Redhill, and where 15 WINDMILL DRIVE lies on this distribution: 28% of detached houses houses are smaller than 15 WINDMILL DRIVE, and 72% of houses are larger. Note that EPC data is not available for all properties in Redhill.

15 WINDMILL DRIVE: Plot and Title Map

15 WINDMILL DRIVE sits on a plot of roughly 0.103 of an acre, or 417m². The below map shows the location of 15 WINDMILL DRIVE, 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 15 WINDMILL DRIVE). 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 15 WINDMILL DRIVE?

15 WINDMILL DRIVE is located in REIGATE, in the RH2 postcode district. The below map shows the position of No. 15 on WINDMILL DRIVE.