15, SMITH ROAD, REIGATE, RH2 8HJ - £273,500

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 SMITH ROAD is a very small detached house of 82m², built sometime between 1900 and 1929. It was last sold for £273,500 in July 2011, which was around 48% below the average July 2011 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was D.

15 SMITH ROAD Sold Prices

Land registry data shows four sales for 15 SMITH ROAD 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. All of the four 15 SMITH ROAD 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
2011 7 JUL	£273,500	£524,570	48% below HPI
2007 22 FEB	£265,000	£479,331	45% below HPI
1998 13 AUG	£122,500	£219,675	44% below HPI
1995 7 APR	£84,150	£151,853	45% below HPI

15 SMITH ROAD 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 15 SMITH ROAD sales between April 1995 and July 2011 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 February 2007 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the July 2011 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

What might 15 SMITH ROAD be worth now?

15 SMITH ROAD might now be worth an estimated £470,485.

This is based on house price inflation of 72%, between July 2011 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 72% inflationary increase is applied to the most recent sale price for 15 SMITH ROAD of £273,500 on 7th July 2011. For the value to have increased from £273,500 to £470,485 over the twelve years and seven months to December 2024, the following assumptions must hold true:

• The value of 15 SMITH ROAD has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The July 2011 sale price of £273,500 represented a fair market value for the property.
• The size, condition, and specification of 15 SMITH ROAD has not materially changed since July 2011.

How Large is 15 SMITH ROAD?

15 SMITH ROAD is 82m² according to the EPC inspection conducted in March 2010. This puts it in the smallest 10% 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 SMITH ROAD lies on this distribution: 3% of detached houses houses are smaller than 15 SMITH ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Reigate.

15 SMITH ROAD: Plot and Title Map

15 SMITH ROAD sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of 15 SMITH ROAD, 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 SMITH ROAD). 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 SMITH ROAD?

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