114, PARK LANE EAST, REIGATE, RH2 8LW - £380,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

114 PARK LANE EAST is a very small extended semi-detached house of 85m², built sometime between 1950 and 1966. It was last sold for £380,000 in February 2020, which was around 49% below the average February 2020 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was C.

114 PARK LANE EAST Sold Prices

Land registry data shows six sales for 114 PARK LANE EAST since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. All of the six 114 PARK LANE EAST 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
2020 27 FEB	£380,000	£747,262	49% below HPI
2005 16 DEC	£227,500	£415,586	45% below HPI
2004 27 AUG	£227,000	£414,966	45% below HPI
2000 15 SEP	£127,000	£292,572	57% below HPI
1999 10 NOV	£80,000	£247,876	68% below HPI
1995 28 MAR	£60,000	£145,033	59% below HPI

114 PARK LANE EAST 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 six 114 PARK LANE EAST sales between March 1995 and February 2020 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 2005 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the February 2020 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 114 PARK LANE EAST?

114 PARK LANE EAST is 85m², which includes one extension, according to the EPC inspection conducted in July 2019. This puts it in the smallest 10% of detached houses in Reigate, based on EPC data. The below chart shows the distribution of detached houses by size in Reigate, and where 114 PARK LANE EAST lies on this distribution: 4% of detached houses are smaller than 114 PARK LANE EAST, and 96% of houses are larger. Note that EPC data is not available for all properties in Reigate.

114 PARK LANE EAST: Plot and Title Map

114 PARK LANE EAST sits on a plot of roughly 0.054 of an acre, or 220m². The below map shows the location of 114 PARK LANE EAST, 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 114 PARK LANE EAST). 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 114 PARK LANE EAST?

114 PARK LANE EAST is located in REIGATE, in the RH2 postcode district. The below map shows the position of No. 114 on PARK LANE EAST.