18, WRAY LANE, REIGATE, RH2 0HS - £700,000

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 WRAY LANE is a small extended detached house of 141m², built sometime between 1930 and 1949. It was last sold for £700,000 in December 2010, which was around 38% above the average December 2010 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was C.

18 WRAY LANE Sold Prices

Land registry data shows two sales for 18 WRAY LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. Both of the two 18 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
2010 13 DEC	£700,000	£506,609	38% above HPI
2000 2 JUN	£385,000	£266,139	45% above HPI

18 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 two 18 WRAY LANE sales from June 2000 and December 2010 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 June 2000 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the December 2010 sale, where it falls to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is 18 WRAY LANE?

18 WRAY LANE is 141m², which includes one extension, according to the EPC inspection conducted in September 2010. This puts it in the smallest 40% 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 WRAY LANE lies on this distribution: 36% of detached houses are smaller than 18 WRAY LANE, and 64% of houses are larger. Note that EPC data is not available for all properties in Reigate.

18 WRAY LANE: Plot and Title Map

18 WRAY LANE sits on a plot of roughly 0.231 of an acre, or 933m². The below map shows the location of 18 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 18 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 18 WRAY LANE?

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