2, PILGRIMS PLACE, REIGATE, RH2 9LF - £1,475,000

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.

2 PILGRIMS PLACE is a very large detached house of 271m², built sometime between 1976 and 1982, which could now be worth an estimated £1,712,851. It was last sold for £1,475,000 in January 2019, which was around 86% above the average January 2019 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was C.

2 PILGRIMS PLACE Sold Prices

Land registry data shows one sale for 2 PILGRIMS PLACE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 14 JAN	£1,475,000	£793,128	86% above HPI

What might 2 PILGRIMS PLACE be worth now?

2 PILGRIMS PLACE might now be worth an estimated £1,712,851.

This is based on house price inflation of 16.1%, between January 2019 and May 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 16.1% inflationary increase is applied to the most recent sale price for 2 PILGRIMS PLACE of £1,475,000 on 14th January 2019. For the value to have increased from £1,475,000 to £1,712,851 over the six years and eight months to May 2026, the following assumptions must hold true:

• The value of 2 PILGRIMS PLACE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The January 2019 sale price of £1,475,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PILGRIMS PLACE has not materially changed since January 2019.

How Large is 2 PILGRIMS PLACE?

2 PILGRIMS PLACE is 271m² according to the EPC inspection conducted in November 2018. This puts it in the largest 20% of detached houses in Reigate, based on EPC data. The below chart shows the distribution of detached houses by size in Reigate, and where 2 PILGRIMS PLACE lies on this distribution: 89% of detached houses are smaller than 2 PILGRIMS PLACE, and 11% of detached houses are larger. Note that EPC data is not available for all properties in Reigate.

2 PILGRIMS PLACE: Plot

2 PILGRIMS PLACE sits on a plot of roughly 0.272 of an acre, or 1,100m².

Where is 2 PILGRIMS PLACE?

2 PILGRIMS PLACE is located in REIGATE, in the RH2 postcode district.