2, THE BIELD, 42, PARK LANE EAST, REIGATE, RH2 8HR - £750,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 THE BIELD is a very large extended detached house of 226m², built sometime between 1930 and 1949. It was last sold for £750,000 in January 2011, which was around 47% above the average January 2011 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was B.

2 THE BIELD Sold Prices

Land registry data shows two sales for 2 THE BIELD 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 2 THE BIELD 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
2011 28 JAN	£750,000	£510,507	47% above HPI
1999 10 FEB	£260,000	£208,383	25% above HPI

2 THE BIELD 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 2 THE BIELD sales from February 1999 and January 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 February 1999 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the January 2011 sale, where it rises to 47% above the HPI. The line then continues to track at 47% above the HPI.

How Large is 2 THE BIELD?

2 THE BIELD is 226m², which includes three extensions, according to the EPC inspection conducted in May 2024. This puts it in the largest 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 2 THE BIELD lies on this distribution: 80% of detached houses are smaller than 2 THE BIELD, and 20% of houses are larger. Note that EPC data is not available for all properties in Reigate.

2 THE BIELD: Plot and Title Map

2 THE BIELD sits on a plot of roughly 0.230 of an acre, or 931m². The below map shows the location of 2 THE BIELD, 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 THE BIELD). 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 THE BIELD?

2, THE BIELD is located on PARK LANE EAST in REIGATE, in the RH2 postcode district. The below map shows the position of 2, THE BIELD on PARK LANE EAST.