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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). 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 33% 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	£817,133	33% below HPI
2019 30 MAY	£451,000	£777,050	42% 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 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the March 2021 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 1 NORTH ROAD be worth now?

1 NORTH ROAD might now be worth an estimated £604,069.

This is based on house price inflation of 10.4%, between March 2021 and December 2024, 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 10.4% inflationary increase is applied to the most recent sale price for 1 NORTH ROAD of £547,000 on 31st March 2021. For the value to have increased from £547,000 to £604,069 over the two years and three months to December 2024, the following assumptions must hold true:

• The value of 1 NORTH ROAD has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The March 2021 sale price of £547,000 represented a fair market value for the property.
• The size, condition, and specification of 1 NORTH ROAD has not materially changed since March 2021.

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 houses in Reigate, based on EPC data. The below chart shows the distribution of detached houses houses by size in Reigate, and where 1 NORTH ROAD lies on this distribution: 17% of detached houses 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.