24A, WEST STREET, REIGATE, RH2 9BX - £710,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

24A WEST STREET is a very small extended semi-detached house of 73m², built sometime between 1900 and 1929, which could now be worth an estimated £695,854. It was last sold for £710,000 in November 2022, which was around 32% above the average November 2022 semi-detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was May 2020, where the current energy rating was D, and the potential energy rating was B.

24A WEST STREET Sold Prices

Land registry data shows five sales for 24A WEST STREET since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Reigate and Banstead local authority area for the corresponding sale date. Most of the five 24A WEST STREET 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
2022 11 NOV	£710,000	£539,639	32% above HPI
2020 9 NOV	£625,000	£482,603	30% above HPI
2014 16 OCT	£520,000	£380,694	37% above HPI
2013 2 MAY	£295,000	£305,384	3% below HPI
1995 18 APR	£97,000	£84,423	15% above HPI

24A WEST STREET Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Reigate and Banstead local authority area over time, sourced from the HPI. The five 24A WEST STREET sales between April 1995 and November 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 November 2020 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the November 2022 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might 24A WEST STREET be worth now?

24A WEST STREET might now be worth an estimated £695,854.

This is based on house price deflation of 2%, between November 2022 and February 2025, for semi-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 2% deflationary decrease is applied to the most recent sale price for 24A WEST STREET of £710,000 on 11th November 2022. For the value to have decreased from £710,000 to £695,854 over the three years and nine months to February 2025, the following assumptions must hold true:

• The value of 24A WEST STREET has moved in line with the HPI for semi-detached houses in the Reigate and Banstead local authority area.
• The November 2022 sale price of £710,000 represented a fair market value for the property.
• The size, condition, and specification of 24A WEST STREET has not materially changed since November 2022.

How Large is 24A WEST STREET?

24A WEST STREET is 73m², which includes one extension, according to the EPC inspection conducted in May 2020. This puts it in the smallest 10% of semi-detached houses houses in Reigate, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Reigate, and where 24A WEST STREET lies on this distribution: 2% of semi-detached houses houses are smaller than 24A WEST STREET, and 98% of houses are larger. Note that EPC data is not available for all properties in Reigate.

24A WEST STREET: Plot and Title Map

24A WEST STREET sits on a plot of roughly 0.025 of an acre, or 100m². The below map shows the location of 24A WEST STREET, 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 WEST STREET). 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 WEST STREET?

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