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
35 SMOKE LANE is a very small detached house of 97m², built sometime between 1967 and 1975. It was last sold for £1,380,000 in July 2022, which was around 59% above the average July 2022 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was June 2016, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows two sales for 35 SMOKE LANE since 1st 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 35 SMOKE LANE sales was for above the average price, whilst the other was 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 |
---|---|---|---|
2022 25 JUL | £1,380,000 | £865,997 | 59% above HPI |
2017 10 FEB | £610,000 | £725,212 | 16% below HPI |
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 35 SMOKE LANE sales from February 2017 and July 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 February 2017 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the July 2022 sale, where it rises to 59% above the HPI. The line then continues to track at 59% above the HPI.
35 SMOKE LANE is 97m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 10% of detached houses in Reigate, based on EPC data. The below chart shows the distribution of detached houses by size in Reigate, and where 35 SMOKE LANE lies on this distribution: 9% of detached houses are smaller than 35 SMOKE LANE, and 91% of houses are larger. Note that EPC data is not available for all properties in Reigate.
35 SMOKE LANE sits on a plot of roughly 0.109 of an acre, or 442m². The below map shows the location of 35 SMOKE 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 35 SMOKE 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.
35 SMOKE LANE is located in REIGATE, in the RH2 postcode district. The below map shows the position of No. 35 on SMOKE LANE.