15, PRICES LANE, REIGATE, RH2 8BA - £250,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

15 PRICES LANE is a very small semi-detached house of 90m², built sometime between 1930 and 1949, which could now be worth an estimated £481,403. It was last sold for £250,000 in November 2009, which was around 9% below the average November 2009 semi-detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was June 2009, where the current energy rating was D, and the potential energy rating was C.

15 PRICES LANE Sold Prices

Land registry data shows five sales for 15 PRICES LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Reigate and Banstead local authority area for the corresponding sale date. The five 15 PRICES LANE 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
2009 20 NOV	£250,000	£274,659	9% below HPI
2004 12 MAR	£215,000	£233,775	8% below HPI
2002 21 MAR	£164,000	£184,734	11% below HPI
1999 3 SEP	£119,000	£131,243	9% below HPI
1995 31 MAR	£84,000	£83,949	Close to HPI

15 PRICES LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Reigate and Banstead local authority area over time, sourced from the HPI. The five 15 PRICES LANE sales between March 1995 and November 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 March 2004 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the November 2009 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 15 PRICES LANE be worth now?

15 PRICES LANE might now be worth an estimated £481,403.

This is based on house price inflation of 92.6%, between November 2009 and February 2025, for semi-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 92.6% inflationary increase is applied to the most recent sale price for 15 PRICES LANE of £250,000 on 20th November 2009. For the value to have increased from £250,000 to £481,403 over the sixteen years and nine months to February 2025, the following assumptions must hold true:

• The value of 15 PRICES LANE has moved in line with the HPI for semi-detached houses in the Reigate and Banstead local authority area.
• The November 2009 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 15 PRICES LANE has not materially changed since November 2009.

How Large is 15 PRICES LANE?

15 PRICES LANE is 90m² according to the EPC inspection conducted in June 2009. This puts it in the smallest 10% of semi-detached houses houses in Reigate, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Reigate, and where 15 PRICES LANE lies on this distribution: 6% of semi-detached houses houses are smaller than 15 PRICES LANE, and 94% of houses are larger. Note that EPC data is not available for all properties in Reigate.

15 PRICES LANE: Plot and Title Map

15 PRICES LANE sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 15 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 15 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 15 PRICES LANE?

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