2C, CASTLE DRIVE, REIGATE, RH2 8DQ - £350,000

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.

2C CASTLE DRIVE is a very small semi-detached house of 87m², built in 2011, which could now be worth an estimated £408,272. It was last sold for £350,000 in May 2020, which was around 25% below the average May 2020 semi-detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was October 2011, where the current energy rating was C, and the potential energy rating was C.

2C CASTLE DRIVE Sold Prices

Land registry data shows two sales for 2C CASTLE DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Reigate and Banstead local authority area for the corresponding sale date. Both of the two 2C 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
2020 15 MAY	£350,000	£464,872	25% below HPI
2012 27 APR	£242,000	£292,228	17% below HPI

2C 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 two 2C CASTLE DRIVE sales from April 2012 and May 2020 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 2012 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the May 2020 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 2C CASTLE DRIVE be worth now?

2C CASTLE DRIVE might now be worth an estimated £408,272.

This is based on house price inflation of 16.6%, between May 2020 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 16.6% inflationary increase is applied to the most recent sale price for 2C CASTLE DRIVE of £350,000 on 15th May 2020. For the value to have increased from £350,000 to £408,272 over the six years to May 2026, the following assumptions must hold true:

• The value of 2C CASTLE DRIVE has moved in line with the HPI for semi-detached houses in the Reigate and Banstead local authority area.
• The May 2020 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 2C CASTLE DRIVE has not materially changed since May 2020.

How Large is 2C CASTLE DRIVE?

2C CASTLE DRIVE is 87m² according to the EPC inspection conducted in October 2011. 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 2C CASTLE DRIVE lies on this distribution: 4% of semi-detached houses houses are smaller than 2C CASTLE DRIVE, and 95% of houses are larger. Note that EPC data is not available for all properties in Reigate.

2C CASTLE DRIVE: Plot and Title Map

2C CASTLE DRIVE sits on a plot of roughly 0.037 of an acre, or 151m². The below map shows the location of 2C 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 2C 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 2C CASTLE DRIVE?

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