LATCHETTS, COLLEY MANOR DRIVE, REIGATE, RH2 9JS - £837,000

LATCHETTS is a small extended detached house of 143m², built sometime between 1930 and 1949. It was last sold for £837,000 in May 2012, which was around 67% above the average May 2012 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was February 2011, where the current energy rating was E, and the potential energy rating was D.

LATCHETTS Sold Prices

Land registry data shows two sales for LATCHETTS 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 LATCHETTS 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
2012 21 MAY	£837,000	£501,698	67% above HPI
1996 31 OCT	£245,000	£153,386	60% above HPI

LATCHETTS 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 LATCHETTS sales from October 1996 and May 2012 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 October 1996 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the May 2012 sale, where it rises to 67% above the HPI. The line then continues to track at 67% above the HPI.

How Large is LATCHETTS?

LATCHETTS is 143m², which includes two extensions, according to the EPC inspection conducted in February 2011. This puts it in the smallest 40% of detached houses in Reigate, based on EPC data. The below chart shows the distribution of detached houses by size in Reigate, and where LATCHETTS lies on this distribution: 37% of detached houses are smaller than LATCHETTS, and 62% of houses are larger. Note that EPC data is not available for all properties in Reigate.

LATCHETTS: Plot and Title Map

LATCHETTS sits on a plot of roughly 0.197 of an acre, or 796m². The below map shows the location of LATCHETTS, 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 LATCHETTS). 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 LATCHETTS?

LATCHETTS is located on COLLEY MANOR DRIVE in REIGATE, in the RH2 postcode district. The below map shows the position of LATCHETTS on COLLEY MANOR DRIVE.