24, SMOKE LANE, REIGATE, RH2 7HJ - £450,000

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

24 SMOKE LANE is a midsized detached house of 163m², built sometime between 1900 and 1929. It was last sold for £450,000 in November 2003, which was around 15% above the average November 2003 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was C.

24 SMOKE LANE Sold Prices

Land registry data shows two sales for 24 SMOKE 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. Both of the two 24 SMOKE LANE 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
2003 14 NOV	£450,000	£391,382	15% above HPI
1996 7 NOV	£201,500	£155,028	30% above HPI

24 SMOKE 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 SMOKE LANE sales from November 1996 and November 2003 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 November 1996 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the November 2003 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 24 SMOKE LANE?

24 SMOKE LANE is 163m² according to the EPC inspection conducted in July 2018. This puts it in the largest 50% 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 SMOKE LANE lies on this distribution: 51% of detached houses are smaller than 24 SMOKE LANE, and 48% of houses are larger. Note that EPC data is not available for all properties in Reigate.

24 SMOKE LANE: Plot and Title Map

24 SMOKE LANE sits on a plot of roughly 0.087 of an acre, or 353m². The below map shows the location of 24 SMOKE 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 SMOKE 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 SMOKE LANE?

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