12, THE CEDARS, REIGATE, RH2 0RR - £630,000

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

12 THE CEDARS is a small extended detached house of 126m², built sometime between 1967 and 1975. It was last sold for £630,000 in February 2021, which was around 20% below the average February 2021 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was C.

12 THE CEDARS Sold Prices

Land registry data shows four sales for 12 THE CEDARS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. The four 12 THE CEDARS sales were a mix of below the average price, and roughly equal to 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 11 FEB	£630,000	£788,381	20% below HPI
2012 14 DEC	£485,000	£519,503	7% below HPI
2001 30 NOV	£320,000	£319,193	Close to HPI
1998 18 AUG	£185,000	£209,441	12% below HPI

12 THE CEDARS 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 four 12 THE CEDARS sales between August 1998 and February 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 December 2012 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the February 2021 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 12 THE CEDARS?

12 THE CEDARS is 126m², which includes one extension, according to the EPC inspection conducted in June 2012. This puts it in the smallest 30% of detached houses in Reigate, based on EPC data. The below chart shows the distribution of detached houses by size in Reigate, and where 12 THE CEDARS lies on this distribution: 26% of detached houses are smaller than 12 THE CEDARS, and 74% of houses are larger. Note that EPC data is not available for all properties in Reigate.

12 THE CEDARS: Plot and Title Map

12 THE CEDARS sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 12 THE CEDARS, 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 12 THE CEDARS). 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 12 THE CEDARS?

12 THE CEDARS is located in REIGATE, in the RH2 postcode district. The below map shows the position of No. 12 on THE CEDARS.