34, PARK LANE, REIGATE, RH2 8JX - £1,855,000

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

34 PARK LANE is a very large extended detached house of 235m², built sometime before 1900. It was last sold for £1,855,000 in October 2016, which was around 150% above the average October 2016 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was May 2016, where the current energy rating was G, and the potential energy rating was C.

34 PARK LANE Sold Prices

Land registry data shows two sales for 34 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 34 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
2016 17 OCT	£1,855,000	£743,384	150% above HPI
1995 1 DEC	£326,250	£149,257	119% above HPI

34 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 34 PARK LANE sales from December 1995 and October 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 December 1995 sale was for 119% above the HPI. So the extrapolation line tracks at 119% above the HPI over time, until the October 2016 sale, where it rises to 150% above the HPI. The line then continues to track at 150% above the HPI.

How Large is 34 PARK LANE?

34 PARK LANE is 235m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the largest 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 34 PARK LANE lies on this distribution: 83% of detached houses are smaller than 34 PARK LANE, and 17% of houses are larger. Note that EPC data is not available for all properties in Reigate.

34 PARK LANE: Plot and Title Map

34 PARK LANE sits on a plot of roughly 0.513 of an acre, or 2,074m². The below map shows the location of 34 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 34 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 34 PARK LANE?

34 PARK LANE is located in REIGATE, in the RH2 postcode district. The below map shows the position of No. 34 on PARK LANE.