2, MARK STREET, REIGATE, RH2 0BL - £695,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 MARK STREET is a very small extended semi-detached house of 67m², built sometime between 1967 and 1975, which could now be worth an estimated £695,367. It was last sold for £695,000 in August 2022, which was around 31% above the average August 2022 semi-detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was April 2015, where the current energy rating was E, and the potential energy rating was B.

2 MARK STREET Sold Prices

Land registry data shows four sales for 2 MARK STREET since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Reigate and Banstead local authority area for the corresponding sale date. two of the four 2 MARK STREET sales were for above the average price, and four 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
2022 26 AUG	£695,000	£528,608	31% above HPI
2015 10 JUN	£425,000	£392,483	8% above HPI
2001 14 AUG	£151,500	£174,644	13% below HPI
1997 29 OCT	£82,000	£104,735	22% below HPI

2 MARK STREET Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Reigate and Banstead local authority area over time, sourced from the HPI. The four 2 MARK STREET sales between October 1997 and August 2022 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 2015 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the August 2022 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 2 MARK STREET be worth now?

2 MARK STREET might now be worth an estimated £695,367.

This is based on house price inflation of 0.1%, between August 2022 and February 2025, for semi-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 0.1% inflationary increase is applied to the most recent sale price for 2 MARK STREET of £695,000 on 26th August 2022. For the value to have increased from £695,000 to £695,367 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 2 MARK STREET has moved in line with the HPI for semi-detached houses in the Reigate and Banstead local authority area.
• The August 2022 sale price of £695,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MARK STREET has not materially changed since August 2022.

How Large is 2 MARK STREET?

2 MARK STREET is 67m², which includes two extensions, according to the EPC inspection conducted in April 2015. This puts it in the smallest 10% of semi-detached houses houses in Reigate, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Reigate, and where 2 MARK STREET lies on this distribution: 1% of semi-detached houses houses are smaller than 2 MARK STREET, and 99% of houses are larger. Note that EPC data is not available for all properties in Reigate.

2 MARK STREET: Plot and Title Map

2 MARK STREET sits on a plot of roughly 0.042 of an acre, or 171m². The below map shows the location of 2 MARK STREET, 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 2 MARK STREET). 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 2 MARK STREET?

2 MARK STREET is located in REIGATE, in the RH2 postcode district. The below map shows the position of No. 2 on MARK STREET.