11, PRICES LANE, REIGATE, RH2 8BB - £337,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

11 PRICES LANE is a large extended detached house of 192m², built sometime between 1930 and 1949. It was last sold for £337,500 in August 2012, which was around 35% below the average August 2012 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was September 2010, where the current energy rating was E, and the potential energy rating was D.

11 PRICES LANE Sold Prices

Land registry data shows three sales for 11 PRICES LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. All of the three 11 PRICES LANE 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
2012 24 AUG	£337,500	£516,856	35% below HPI
2003 4 DEC	£290,000	£392,197	26% below HPI
2001 17 AUG	£218,000	£312,686	30% below HPI

11 PRICES LANE 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 three 11 PRICES LANE sales between August 2001 and August 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 December 2003 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the August 2012 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 11 PRICES LANE?

11 PRICES LANE is 192m², which includes two extensions, according to the EPC inspection conducted in September 2010. This puts it in the largest 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 11 PRICES LANE lies on this distribution: 67% of detached houses are smaller than 11 PRICES LANE, and 33% of houses are larger. Note that EPC data is not available for all properties in Reigate.

11 PRICES LANE: Plot and Title Map

11 PRICES LANE sits on a plot of roughly 0.097 of an acre, or 391m². The below map shows the location of 11 PRICES LANE, 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 11 PRICES LANE). 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 11 PRICES LANE?

11 PRICES LANE is located in REIGATE, in the RH2 postcode district. The below map shows the position of No. 11 on PRICES LANE.