18, SOUTH ROAD, REIGATE, RH2 7LB - £775,000

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

18 SOUTH ROAD is a very small extended detached house of 102m², built sometime between 1900 and 1929. It was last sold for £775,000 in June 2023, which was around 11% below the average June 2023 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was August 2022, where the current energy rating was E, and the potential energy rating was B.

18 SOUTH ROAD Sold Prices

Land registry data shows four sales for 18 SOUTH 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 18 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
2023 26 JUN	£775,000	£873,266	11% below HPI
2011 9 MAR	£405,000	£503,205	20% below HPI
2001 30 NOV	£249,950	£319,193	22% below HPI
1996 15 NOV	£118,950	£155,028	23% below HPI

18 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 four 18 SOUTH ROAD sales between November 1996 and June 2023 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 2011 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the June 2023 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 18 SOUTH ROAD?

18 SOUTH ROAD is 102m², which includes two extensions, according to the EPC inspection conducted in August 2022. 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 18 SOUTH ROAD lies on this distribution: 11% of detached houses are smaller than 18 SOUTH ROAD, and 88% of houses are larger. Note that EPC data is not available for all properties in Reigate.

18 SOUTH ROAD: Plot and Title Map

18 SOUTH ROAD sits on a plot of roughly 0.051 of an acre, or 208m². The below map shows the location of 18 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 18 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 18 SOUTH ROAD?

18 SOUTH ROAD is located in REIGATE, in the RH2 postcode district. The below map shows the position of No. 18 on SOUTH ROAD.