26, PARK LANE, REIGATE, RH2 8JX - £1,275,000

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

26 PARK LANE is a midsized extended detached house of 158m², built sometime between 1950 and 1966. It was last sold for £1,275,000 in October 2015, which was around 85% above the average October 2015 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was C.

26 PARK LANE Sold Prices

Land registry data shows two sales for 26 PARK 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 26 PARK 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
2015 14 OCT	£1,275,000	£689,097	85% above HPI
2007 2 NOV	£825,000	£508,982	62% above HPI

26 PARK 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 26 PARK LANE sales from November 2007 and October 2015 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 2007 sale was for 62% above the HPI. So the extrapolation line tracks at 62% above the HPI over time, until the October 2015 sale, where it rises to 85% above the HPI. The line then continues to track at 85% above the HPI.

How Large is 26 PARK LANE?

26 PARK LANE is 158m², which includes one extension, according to the EPC inspection conducted in April 2015. This puts it in the smallest 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 26 PARK LANE lies on this distribution: 48% of detached houses are smaller than 26 PARK LANE, and 51% of houses are larger. Note that EPC data is not available for all properties in Reigate.

26 PARK LANE: Plot and Title Map

26 PARK LANE sits on a plot of roughly 0.209 of an acre, or 844m². The below map shows the location of 26 PARK 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 26 PARK 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 26 PARK LANE?

26 PARK LANE is located in REIGATE, in the RH2 postcode district. The below map shows the position of No. 26 on PARK LANE.