4, TREE WAY, REIGATE, RH2 0DT - £2,331,000

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.

4 TREE WAY is a very large extended detached house of 443m², built sometime between 2007 and 2011, which could now be worth an estimated £2,698,387. It was last sold for £2,331,000 in June 2021, which was around 184% above the average June 2021 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was C.

4 TREE WAY Sold Prices

Land registry data shows four sales for 4 TREE WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. All of the four 4 TREE WAY 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 29 JUN	£2,331,000	£819,655	184% above HPI
2016 22 AUG	£1,900,000	£787,220	141% above HPI
2011 4 APR	£885,000	£522,920	69% above HPI
1999 6 JUL	£380,000	£233,856	62% above HPI

4 TREE WAY 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 four 4 TREE WAY sales between July 1999 and June 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 August 2016 sale was for 141% above the HPI. So the extrapolation line tracks at 141% above the HPI over time, until the June 2021 sale, where it rises to 184% above the HPI. The line then continues to track at 184% above the HPI.

What might 4 TREE WAY be worth now?

4 TREE WAY might now be worth an estimated £2,698,387.

This is based on house price inflation of 15.8%, between June 2021 and April 2026, for 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 15.8% inflationary increase is applied to the most recent sale price for 4 TREE WAY of £2,331,000 on 29th June 2021. For the value to have increased from £2,331,000 to £2,698,387 over the five years and two months to April 2026, the following assumptions must hold true:

• The value of 4 TREE WAY has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The June 2021 sale price of £2,331,000 represented a fair market value for the property.
• The size, condition, and specification of 4 TREE WAY has not materially changed since June 2021.

How Large is 4 TREE WAY?

4 TREE WAY is 443m², which includes two extensions, according to the EPC inspection conducted in March 2016. This puts it in the largest 10% of detached houses houses in Reigate, based on EPC data. The below chart shows the distribution of detached houses houses by size in Reigate, and where 4 TREE WAY lies on this distribution: 99% of detached houses houses are smaller than 4 TREE WAY, and 1% of houses are larger. Note that EPC data is not available for all properties in Reigate.

4 TREE WAY: Plot and Title Map

4 TREE WAY sits on a plot of roughly 0.476 of an acre, or 1,926m². The below map shows the location of 4 TREE WAY, 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 4 TREE WAY). 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 4 TREE WAY?

4 TREE WAY is located in REIGATE, in the RH2 postcode district. The below map shows the position of No. 4 on TREE WAY.