1, NORTH ROAD, REIGATE, RH2 8LY - £547,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 NORTH ROAD is a very small detached house of 111m², built sometime before 1900. It was last sold for £547,000 in March 2021, which was around 30% below the average March 2021 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was March 2019, where the current energy rating was E, and the potential energy rating was B.

1 NORTH ROAD Sold Prices

Land registry data shows two sales for 1 NORTH ROAD 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 1 NORTH ROAD sales were for below 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 31 MAR	£547,000	£779,064	30% below HPI
2019 30 MAY	£451,000	£740,849	39% below HPI

1 NORTH ROAD 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 1 NORTH ROAD sales from May 2019 and March 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 May 2019 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the March 2021 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 1 NORTH ROAD?

1 NORTH ROAD is 111m² according to the EPC inspection conducted in March 2019. 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 1 NORTH ROAD lies on this distribution: 17% of detached houses are smaller than 1 NORTH ROAD, and 83% of houses are larger. Note that EPC data is not available for all properties in Reigate.

1 NORTH ROAD: Plot and Title Map

1 NORTH ROAD sits on a plot of roughly 0.118 of an acre, or 478m². The below map shows the location of 1 NORTH ROAD, 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 1 NORTH ROAD). 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 1 NORTH ROAD?

1 NORTH ROAD is located in REIGATE, in the RH2 postcode district. The below map shows the position of No. 1 on NORTH ROAD.