2B, CASTLE DRIVE, REIGATE, RH2 8DQ - £410,000

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.

2B CASTLE DRIVE is a very small semi-detached house of 86m², built sometime between 2007 and 2011, which could now be worth an estimated £453,340. It was last sold for £410,000 in February 2022, which was around 16% below the average February 2022 semi-detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was B.

2B CASTLE DRIVE Sold Prices

Land registry data shows three sales for 2B CASTLE DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Reigate and Banstead local authority area for the corresponding sale date. All of the three 2B CASTLE 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
2022 18 FEB	£410,000	£490,427	16% below HPI
2019 18 JAN	£350,000	£449,059	22% below HPI
2012 30 MAR	£245,000	£293,159	16% below HPI

2B CASTLE DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Reigate and Banstead local authority area over time, sourced from the HPI. The three 2B CASTLE DRIVE sales between March 2012 and February 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 January 2019 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the February 2022 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 2B CASTLE DRIVE be worth now?

2B CASTLE DRIVE might now be worth an estimated £453,340.

This is based on house price inflation of 10.6%, between February 2022 and May 2026, for semi-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 10.6% inflationary increase is applied to the most recent sale price for 2B CASTLE DRIVE of £410,000 on 18th February 2022. For the value to have increased from £410,000 to £453,340 over the three years and nine months to May 2026, the following assumptions must hold true:

• The value of 2B CASTLE DRIVE has moved in line with the HPI for semi-detached houses in the Reigate and Banstead local authority area.
• The February 2022 sale price of £410,000 represented a fair market value for the property.
• The size, condition, and specification of 2B CASTLE DRIVE has not materially changed since February 2022.

How Large is 2B CASTLE DRIVE?

2B CASTLE DRIVE is 86m² according to the EPC inspection conducted in October 2021. This puts it in the smallest 10% of semi-detached houses houses in Reigate, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Reigate, and where 2B CASTLE DRIVE lies on this distribution: 4% of semi-detached houses houses are smaller than 2B CASTLE DRIVE, and 96% of houses are larger. Note that EPC data is not available for all properties in Reigate.

2B CASTLE DRIVE: Plot and Title Map

2B CASTLE DRIVE sits on a plot of roughly 0.032 of an acre, or 131m². The below map shows the location of 2B CASTLE 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 2B CASTLE 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 2B CASTLE DRIVE?

2B CASTLE DRIVE is located in REIGATE, in the RH2 postcode district. The below map shows the position of No. 2B on CASTLE DRIVE.