37, CHART LANE, REIGATE, RH2 7DZ - £1,050,000

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

37 CHART LANE is a small extended detached house of 137m², built sometime between 1930 and 1949. It was last sold for £1,050,000 in May 2022, which was around 24% above the average May 2022 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was November 2023, where the current energy rating was E, and the potential energy rating was C.

37 CHART LANE Sold Prices

Land registry data shows four sales for 37 CHART LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. Most of the four 37 CHART LANE 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
2022 20 MAY	£1,050,000	£849,692	24% above HPI
2009 30 OCT	£372,000	£454,126	18% below HPI
2006 28 APR	£280,000	£425,193	34% below HPI
1995 10 FEB	£98,675	£146,067	32% below HPI

37 CHART 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 four 37 CHART LANE sales between February 1995 and May 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 October 2009 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the May 2022 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is 37 CHART LANE?

37 CHART LANE is 137m², which includes one extension, according to the EPC inspection conducted in November 2023. This puts it in the smallest 40% of detached houses in Reigate, based on EPC data. The below chart shows the distribution of detached houses by size in Reigate, and where 37 CHART LANE lies on this distribution: 33% of detached houses are smaller than 37 CHART LANE, and 66% of houses are larger. Note that EPC data is not available for all properties in Reigate.

37 CHART LANE: Plot and Title Map

37 CHART LANE sits on a plot of roughly 0.038 of an acre, or 156m². The below map shows the location of 37 CHART 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 37 CHART 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 37 CHART LANE?

37 CHART LANE is located in REIGATE, in the RH2 postcode district. The below map shows the position of No. 37 on CHART LANE.