74, REED DRIVE, REDHILL, RH1 6TB - £520,000

74 REED DRIVE is a very large detached house of 237m², built sometime between 1996 and 2002. It was last sold for £520,000 in December 2006, which was around 17% above the average December 2006 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was C.

74 REED DRIVE Sold Prices

Land registry data shows two sales for 74 REED DRIVE 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 74 REED 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
2006 15 DEC	£520,000	£443,051	17% above HPI
2000 30 JUN	£369,995	£266,139	39% above HPI

74 REED DRIVE 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 74 REED DRIVE sales from June 2000 and December 2006 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 June 2000 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the December 2006 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 74 REED DRIVE?

74 REED DRIVE is 237m² according to the EPC inspection conducted in May 2014. This puts it in the largest 10% of detached houses in Redhill, based on EPC data. The below chart shows the distribution of detached houses by size in Redhill, and where 74 REED DRIVE lies on this distribution: 93% of detached houses are smaller than 74 REED DRIVE, and 7% of houses are larger. Note that EPC data is not available for all properties in Redhill.

74 REED DRIVE: Plot and Title Map

74 REED DRIVE sits on a plot of roughly 0.163 of an acre, or 661m². The below map shows the location of 74 REED 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 74 REED 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 74 REED DRIVE?

74 REED DRIVE is located in REDHILL, in the RH1 postcode district. The below map shows the position of No. 74 on REED DRIVE.