15, WRAY LANE, REIGATE, RH2 0HS - £900,000

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 WRAY LANE is a midsized extended detached house of 164m², built sometime between 1950 and 1966. It was last sold for £900,000 in November 2015, which was around 31% above the average November 2015 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was C.

15 WRAY LANE Sold Prices

Land registry data shows three sales for 15 WRAY LANE 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 WRAY LANE 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
2015 6 NOV	£900,000	£689,288	31% above HPI
2001 20 FEB	£375,000	£293,473	28% above HPI
1997 12 MAY	£235,000	£164,158	43% above HPI

15 WRAY LANE 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 WRAY LANE sales between May 1997 and November 2015 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 2001 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the November 2015 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

How Large is 15 WRAY LANE?

15 WRAY LANE is 164m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the largest 50% 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 WRAY LANE lies on this distribution: 52% of detached houses are smaller than 15 WRAY LANE, and 48% of houses are larger. Note that EPC data is not available for all properties in Reigate.

15 WRAY LANE: Plot and Title Map

15 WRAY LANE sits on a plot of roughly 0.165 of an acre, or 669m². The below map shows the location of 15 WRAY 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 WRAY 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 WRAY LANE?

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