24, BURNHAM DRIVE, REIGATE, RH2 9HD - £455,000

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.

24 BURNHAM DRIVE is a very small extended terraced house of 91m², built sometime between 1967 and 1975, which could now be worth an estimated £465,299. It was last sold for £455,000 in September 2022, which was around 5% above the average September 2022 terraced price in the Reigate and Banstead local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was B.

24 BURNHAM DRIVE Sold Prices

Land registry data shows four sales for 24 BURNHAM DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Reigate and Banstead local authority area for the corresponding sale date. All of the four 24 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
2022 5 SEP	£455,000	£432,249	5% above HPI
1999 24 AUG	£160,000	£101,879	57% above HPI
1995 1 DEC	£82,000	£68,022	21% above HPI
1995 8 SEP	£84,950	£68,046	25% above HPI

24 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 four 24 BURNHAM DRIVE sales between September 1995 and September 2022 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 1999 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the September 2022 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 24 BURNHAM DRIVE be worth now?

24 BURNHAM DRIVE might now be worth an estimated £465,299.

This is based on house price inflation of 2.3%, between September 2022 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 2.3% inflationary increase is applied to the most recent sale price for 24 BURNHAM DRIVE of £455,000 on 5th September 2022. For the value to have increased from £455,000 to £465,299 over the four years and five months to April 2026, the following assumptions must hold true:

• The value of 24 BURNHAM DRIVE has moved in line with the HPI for terraced houses in the Reigate and Banstead local authority area.
• The September 2022 sale price of £455,000 represented a fair market value for the property.
• The size, condition, and specification of 24 BURNHAM DRIVE has not materially changed since September 2022.

How Large is 24 BURNHAM DRIVE?

24 BURNHAM DRIVE is 91m², which includes two extensions, according to the EPC inspection conducted in February 2020. 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 24 BURNHAM DRIVE lies on this distribution: 6% of terraced houses houses are smaller than 24 BURNHAM DRIVE, and 93% of houses are larger. Note that EPC data is not available for all properties in Reigate.

24 BURNHAM DRIVE: Plot and Title Map

24 BURNHAM DRIVE sits on a plot of roughly 0.034 of an acre, or 137m². The below map shows the location of 24 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 24 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 24 BURNHAM DRIVE?

24 BURNHAM DRIVE is located in REIGATE, in the RH2 postcode district. The below map shows the position of No. 24 on BURNHAM DRIVE.