33, WRAY COMMON ROAD, REIGATE, RH2 0ND - £488,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

33 WRAY COMMON ROAD is a very small detached house of 98m², built sometime between 1930 and 1949. It was last sold for £488,000 in January 2016, which was around 34% below the average January 2016 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was July 2014, where the current energy rating was E, and the potential energy rating was D.

33 WRAY COMMON ROAD Sold Prices

Land registry data shows two sales for 33 WRAY COMMON ROAD 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 33 WRAY COMMON ROAD sales were 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
2016 8 JAN	£488,000	£740,218	34% below HPI
1998 23 OCT	£162,750	£221,800	27% below HPI

33 WRAY COMMON ROAD 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 33 WRAY COMMON ROAD sales from October 1998 and January 2016 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 1998 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the January 2016 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 33 WRAY COMMON ROAD be worth now?

33 WRAY COMMON ROAD might now be worth an estimated £594,911.

This is based on house price inflation of 21.9%, between January 2016 and December 2024, for 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 21.9% inflationary increase is applied to the most recent sale price for 33 WRAY COMMON ROAD of £488,000 on 8th January 2016. For the value to have increased from £488,000 to £594,911 over the seven years and one month to December 2024, the following assumptions must hold true:

• The value of 33 WRAY COMMON ROAD has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The January 2016 sale price of £488,000 represented a fair market value for the property.
• The size, condition, and specification of 33 WRAY COMMON ROAD has not materially changed since January 2016.

How Large is 33 WRAY COMMON ROAD?

33 WRAY COMMON ROAD is 98m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 10% of detached houses houses in Reigate, based on EPC data. The below chart shows the distribution of detached houses houses by size in Reigate, and where 33 WRAY COMMON ROAD lies on this distribution: 10% of detached houses houses are smaller than 33 WRAY COMMON ROAD, and 90% of houses are larger. Note that EPC data is not available for all properties in Reigate.

33 WRAY COMMON ROAD: Plot and Title Map

33 WRAY COMMON ROAD sits on a plot of roughly 1.0 acres, or 4,248m². The below map shows the location of 33 WRAY COMMON ROAD, 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 33 WRAY COMMON ROAD). 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 33 WRAY COMMON ROAD?

33 WRAY COMMON ROAD is located in REIGATE, in the RH2 postcode district. The below map shows the position of No. 33 on WRAY COMMON ROAD.