15, SOUTH ROAD, REIGATE, RH2 7LB - £450,000

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

15 SOUTH ROAD is a very small detached house of 111m², built sometime between 1900 and 1929. It was last sold for £450,000 in February 2011, which was around 11% below the average February 2011 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was October 2010, where the current energy rating was D, and the potential energy rating was D.

15 SOUTH ROAD Sold Prices

Land registry data shows three sales for 15 SOUTH ROAD 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 SOUTH 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 25 FEB	£450,000	£507,933	11% below HPI
2005 16 MAY	£305,000	£418,371	27% below HPI
1998 10 JUL	£151,000	£204,770	26% below HPI

15 SOUTH 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 three 15 SOUTH ROAD sales between July 1998 and February 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 May 2005 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the February 2011 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 15 SOUTH ROAD?

15 SOUTH ROAD is 111m² according to the EPC inspection conducted in October 2010. This puts it in the smallest 20% of detached houses in Reigate, based on EPC data. The below chart shows the distribution of detached houses by size in Reigate, and where 15 SOUTH ROAD lies on this distribution: 17% of detached houses are smaller than 15 SOUTH ROAD, and 83% of houses are larger. Note that EPC data is not available for all properties in Reigate.

15 SOUTH ROAD: Plot and Title Map

15 SOUTH ROAD sits on a plot of roughly 0.044 of an acre, or 179m². The below map shows the location of 15 SOUTH 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 SOUTH 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 SOUTH ROAD?

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