24, CHART LANE, REIGATE, RH2 7DY - £785,000

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

24 CHART LANE is a small extended detached house of 124m², built sometime before 1900. It was last sold for £785,000 in August 2017, which was around 5% above the average August 2017 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was May 2016, where the current energy rating was E, and the potential energy rating was C.

24 CHART LANE Sold Prices

Land registry data shows two sales for 24 CHART 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. One of the two 24 CHART LANE sales was for above the average price, whilst the other was 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
2017 18 AUG	£785,000	£746,510	5% above HPI
2008 2 MAY	£400,000	£518,562	23% below HPI

24 CHART 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 24 CHART LANE sales from May 2008 and August 2017 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 May 2008 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the August 2017 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 24 CHART LANE?

24 CHART LANE is 124m², which includes two extensions, according to the EPC inspection conducted in May 2016. This puts it in the smallest 30% of detached houses in Reigate, based on EPC data. The below chart shows the distribution of detached houses by size in Reigate, and where 24 CHART LANE lies on this distribution: 24% of detached houses are smaller than 24 CHART LANE, and 75% of houses are larger. Note that EPC data is not available for all properties in Reigate.

24 CHART LANE: Plot and Title Map

24 CHART LANE sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of 24 CHART 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 24 CHART 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 24 CHART LANE?

24 CHART LANE is located in REIGATE, in the RH2 postcode district. The below map shows the position of No. 24 on CHART LANE.