38, PRIORY DRIVE, REIGATE, RH2 8AF - £500,000

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.

38 PRIORY DRIVE is a very small extended detached house of 107m², built sometime between 1967 and 1975, which could now be worth an estimated £859,769. It was last sold for £500,000 in September 2011, which was around 7% below the average September 2011 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was May 2011, where the current energy rating was F, and the potential energy rating was C.

38 PRIORY DRIVE Sold Prices

Land registry data shows one sale for 38 PRIORY DRIVE 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
2011 12 SEP	£500,000	£535,623	7% below HPI

What might 38 PRIORY DRIVE be worth now?

38 PRIORY DRIVE might now be worth an estimated £859,769.

This is based on house price inflation of 72%, between September 2011 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 72% inflationary increase is applied to the most recent sale price for 38 PRIORY DRIVE of £500,000 on 12th September 2011. For the value to have increased from £500,000 to £859,769 over the fifteen years and four months to May 2026, the following assumptions must hold true:

• The value of 38 PRIORY DRIVE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The September 2011 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 38 PRIORY DRIVE has not materially changed since September 2011.

How Large is 38 PRIORY DRIVE?

38 PRIORY DRIVE is 107m², which includes one extension, according to the EPC inspection conducted in May 2011. This puts it in the smallest 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 38 PRIORY DRIVE lies on this distribution: 13% of detached houses are smaller than 38 PRIORY DRIVE, and 86% of detached houses are larger. Note that EPC data is not available for all properties in Reigate.

38 PRIORY DRIVE: Plot

38 PRIORY DRIVE sits on a plot of roughly 0.113 of an acre, or 459m².

Where is 38 PRIORY DRIVE?

38 PRIORY DRIVE is located in REIGATE, in the RH2 postcode district.