129, HITCHINGS WAY, REIGATE, RH2 8EP - £385,000

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

129 HITCHINGS WAY is a small extended detached house of 141m², built sometime between 1950 and 1966. It was last sold for £385,000 in September 2009, which was around 14% below the average September 2009 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was March 2009, where the current energy rating was E, and the potential energy rating was D.

129 HITCHINGS WAY Sold Prices

Land registry data shows four sales for 129 HITCHINGS WAY 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. Most of the four 129 HITCHINGS WAY 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
2009 25 SEP	£385,000	£449,199	14% below HPI
2003 13 MAY	£322,000	£389,060	17% below HPI
2000 21 JUL	£240,000	£278,089	14% below HPI
1996 19 JUN	£162,500	£149,667	9% above HPI

129 HITCHINGS WAY 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 129 HITCHINGS WAY sales between June 1996 and September 2009 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 2003 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the September 2009 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 129 HITCHINGS WAY?

129 HITCHINGS WAY is 141m², which includes two extensions, according to the EPC inspection conducted in March 2009. This puts it in the smallest 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 129 HITCHINGS WAY lies on this distribution: 36% of detached houses are smaller than 129 HITCHINGS WAY, and 64% of houses are larger. Note that EPC data is not available for all properties in Reigate.

129 HITCHINGS WAY: Plot and Title Map

129 HITCHINGS WAY sits on a plot of roughly 0.233 of an acre, or 943m². The below map shows the location of 129 HITCHINGS WAY, 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 129 HITCHINGS WAY). 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 129 HITCHINGS WAY?

129 HITCHINGS WAY is located in REIGATE, in the RH2 postcode district. The below map shows the position of No. 129 on HITCHINGS WAY.