3, NORTH ROAD, REIGATE, RH2 8LY - £555,000

3 NORTH ROAD is a small extended detached house of 131m², built sometime between 1900 and 1929. It was last sold for £555,000 in October 2014, which was around 14% below the average October 2014 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was C.

3 NORTH ROAD Sold Prices

Land registry data shows two sales for 3 NORTH ROAD 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 3 NORTH ROAD 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
2014 27 OCT	£555,000	£644,176	14% below HPI
2004 20 JUL	£289,500	£406,151	29% below HPI

3 NORTH ROAD 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 3 NORTH ROAD sales from July 2004 and October 2014 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 July 2004 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the October 2014 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 3 NORTH ROAD?

3 NORTH ROAD is 131m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the smallest 30% of detached houses in Reigate, based on EPC data. The below chart shows the distribution of detached houses by size in Reigate, and where 3 NORTH ROAD lies on this distribution: 29% of detached houses are smaller than 3 NORTH ROAD, and 70% of houses are larger. Note that EPC data is not available for all properties in Reigate.

3 NORTH ROAD: Plot and Title Map

3 NORTH ROAD sits on a plot of roughly 0.045 of an acre, or 184m². The below map shows the location of 3 NORTH ROAD, 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 3 NORTH ROAD). 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 3 NORTH ROAD?

3 NORTH ROAD is located in REIGATE, in the RH2 postcode district. The below map shows the position of No. 3 on NORTH ROAD.