24A, THE CRESCENT, REIGATE, RH2 0PB - £890,000

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

24A THE CRESCENT is a very small extended detached house of 115m², built sometime between 1983 and 1990. It was last sold for £890,000 in December 2022, which was around 2% below the average December 2022 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was C.

24A THE CRESCENT Sold Prices

Land registry data shows two sales for 24A THE CRESCENT 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 24A THE CRESCENT sales was for below the average price, whilst the other was 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
2022 1 DEC	£890,000	£906,408	2% below HPI
1999 14 OCT	£280,000	£242,492	15% above HPI

24A THE CRESCENT 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 24A THE CRESCENT sales from October 1999 and December 2022 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 October 1999 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the December 2022 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 24A THE CRESCENT?

24A THE CRESCENT is 115m², which includes two extensions, according to the EPC inspection conducted in May 2022. This puts it in the smallest 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 24A THE CRESCENT lies on this distribution: 19% of detached houses are smaller than 24A THE CRESCENT, and 81% of houses are larger. Note that EPC data is not available for all properties in Reigate.

24A THE CRESCENT: Plot and Title Map

24A THE CRESCENT sits on a plot of roughly 0.105 of an acre, or 424m². The below map shows the location of 24A THE CRESCENT, 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 24A THE CRESCENT). 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 24A THE CRESCENT?

24A THE CRESCENT is located in REIGATE, in the RH2 postcode district. The below map shows the position of No. 24A on THE CRESCENT.