23, THE CHASE, REIGATE, RH2 7DJ - £1,395,000

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

23 THE CHASE is a very large extended detached house of 284m², built sometime between 1900 and 1929. It was last sold for £1,395,000 in December 2018, which was around 84% above the average December 2018 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was D.

23 THE CHASE Sold Prices

Land registry data shows two sales for 23 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 23 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
2018 12 DEC	£1,395,000	£757,057	84% above HPI
2005 21 JUN	£545,000	£425,023	28% above HPI

23 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 23 THE CHASE sales from June 2005 and December 2018 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 2005 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the December 2018 sale, where it rises to 84% above the HPI. The line then continues to track at 84% above the HPI.

How Large is 23 THE CHASE?

23 THE CHASE is 284m², which includes one extension, according to the EPC inspection conducted in February 2011. This puts it in the largest 10% of detached houses in Reigate, based on EPC data. The below chart shows the distribution of detached houses by size in Reigate, and where 23 THE CHASE lies on this distribution: 92% of detached houses are smaller than 23 THE CHASE, and 8% of houses are larger. Note that EPC data is not available for all properties in Reigate.

23 THE CHASE: Plot and Title Map

23 THE CHASE sits on a plot of roughly 0.338 of an acre, or 1,370m². The below map shows the location of 23 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 23 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 23 THE CHASE?

23 THE CHASE is located in REIGATE, in the RH2 postcode district. The below map shows the position of No. 23 on THE CHASE.