21, THE CHASE, REIGATE, RH2 7DJ - £980,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

21 THE CHASE is a large extended detached house of 225m², built sometime between 1930 and 1949. It was last sold for £980,000 in February 2015, which was around 46% above the average February 2015 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was November 2023, where the current energy rating was C, and the potential energy rating was C.

21 THE CHASE Sold Prices

Land registry data shows two sales for 21 THE CHASE 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 21 THE CHASE 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 2 FEB	£980,000	£671,088	46% above HPI
2001 1 JUN	£485,000	£318,954	52% above HPI

21 THE CHASE 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 21 THE CHASE sales from June 2001 and February 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 June 2001 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the February 2015 sale, where it falls to 46% above the HPI. The line then continues to track at 46% above the HPI.

What might 21 THE CHASE be worth now?

21 THE CHASE might now be worth an estimated £1,317,767.

This is based on house price inflation of 34.5%, between February 2015 and December 2024, for 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 34.5% inflationary increase is applied to the most recent sale price for 21 THE CHASE of £980,000 on 2nd February 2015. For the value to have increased from £980,000 to £1,317,767 over the eight years and two months to December 2024, the following assumptions must hold true:

• The value of 21 THE CHASE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The February 2015 sale price of £980,000 represented a fair market value for the property.
• The size, condition, and specification of 21 THE CHASE has not materially changed since February 2015.

How Large is 21 THE CHASE?

21 THE CHASE is 225m², which includes two extensions, according to the EPC inspection conducted in November 2023. This puts it in the largest 30% of detached houses houses in Reigate, based on EPC data. The below chart shows the distribution of detached houses houses by size in Reigate, and where 21 THE CHASE lies on this distribution: 80% of detached houses houses are smaller than 21 THE CHASE, and 20% of houses are larger. Note that EPC data is not available for all properties in Reigate.

21 THE CHASE: Plot and Title Map

21 THE CHASE sits on a plot of roughly 0.282 of an acre, or 1,140m². The below map shows the location of 21 THE CHASE, 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 21 THE CHASE). 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 21 THE CHASE?

21 THE CHASE is located in REIGATE, in the RH2 postcode district. The below map shows the position of No. 21 on THE CHASE.