16, BURNHAM DRIVE, REIGATE, RH2 9HD - £465,000

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.

16 BURNHAM DRIVE is a very small terraced house of 82m², built sometime between 1976 and 1982, which could now be worth an estimated £542,240. It was last sold for £465,000 in August 2021, which was around 23% above the average August 2021 terraced price in the Reigate and Banstead local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

16 BURNHAM DRIVE Sold Prices

Land registry data shows two sales for 16 BURNHAM DRIVE 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 16 BURNHAM DRIVE 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
2021 20 AUG	£465,000	£379,067	23% above HPI
2012 10 FEB	£260,000	£239,075	9% above HPI

16 BURNHAM DRIVE 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 16 BURNHAM DRIVE sales from February 2012 and August 2021 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 February 2012 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the August 2021 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 16 BURNHAM DRIVE be worth now?

16 BURNHAM DRIVE might now be worth an estimated £542,240.

This is based on house price inflation of 16.6%, between August 2021 and April 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 16.6% inflationary increase is applied to the most recent sale price for 16 BURNHAM DRIVE of £465,000 on 20th August 2021. For the value to have increased from £465,000 to £542,240 over the five years and four months to April 2026, the following assumptions must hold true:

• The value of 16 BURNHAM DRIVE has moved in line with the HPI for terraced houses in the Reigate and Banstead local authority area.
• The August 2021 sale price of £465,000 represented a fair market value for the property.
• The size, condition, and specification of 16 BURNHAM DRIVE has not materially changed since August 2021.

How Large is 16 BURNHAM DRIVE?

16 BURNHAM DRIVE is 82m² according to the EPC inspection conducted in May 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 16 BURNHAM DRIVE lies on this distribution: 3% of terraced houses houses are smaller than 16 BURNHAM DRIVE, and 97% of houses are larger. Note that EPC data is not available for all properties in Reigate.

16 BURNHAM DRIVE: Plot and Title Map

16 BURNHAM DRIVE sits on a plot of roughly 0.036 of an acre, or 146m². The below map shows the location of 16 BURNHAM 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 16 BURNHAM 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 16 BURNHAM DRIVE?

16 BURNHAM DRIVE is located in REIGATE, in the RH2 postcode district. The below map shows the position of No. 16 on BURNHAM DRIVE.