15, HOWARD PLACE, REIGATE, RH2 9NP - £880,000

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

15 HOWARD PLACE is a midsized detached house of 149m², built sometime between 1991 and 1995. It was last sold for £880,000 in November 2017, which was around 10% above the average November 2017 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was February 2017, where the current energy rating was C, and the potential energy rating was C.

15 HOWARD PLACE Sold Prices

Land registry data shows three sales for 15 HOWARD PLACE 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 15 HOWARD PLACE sales were for above 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
2017 30 NOV	£880,000	£797,035	10% above HPI
2002 29 NOV	£460,000	£396,601	16% above HPI
2000 27 MAR	£352,000	£274,746	28% above HPI

15 HOWARD PLACE 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 15 HOWARD PLACE sales between March 2000 and November 2017 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 November 2002 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the November 2017 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 15 HOWARD PLACE be worth now?

15 HOWARD PLACE might now be worth an estimated £996,316.

This is based on house price inflation of 13.2%, between November 2017 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 13.2% inflationary increase is applied to the most recent sale price for 15 HOWARD PLACE of £880,000 on 30th November 2017. For the value to have increased from £880,000 to £996,316 over the six years and eleven months to December 2024, the following assumptions must hold true:

• The value of 15 HOWARD PLACE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The November 2017 sale price of £880,000 represented a fair market value for the property.
• The size, condition, and specification of 15 HOWARD PLACE has not materially changed since November 2017.

How Large is 15 HOWARD PLACE?

15 HOWARD PLACE is 149m² according to the EPC inspection conducted in February 2017. This puts it in the smallest 50% 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 15 HOWARD PLACE lies on this distribution: 41% of detached houses houses are smaller than 15 HOWARD PLACE, and 58% of houses are larger. Note that EPC data is not available for all properties in Reigate.

15 HOWARD PLACE: Plot and Title Map

15 HOWARD PLACE sits on a plot of roughly 0.112 of an acre, or 452m². The below map shows the location of 15 HOWARD PLACE, 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 15 HOWARD PLACE). 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 15 HOWARD PLACE?

15 HOWARD PLACE is located in REIGATE, in the RH2 postcode district. The below map shows the position of No. 15 on HOWARD PLACE.