39, CHART LANE, REIGATE, RH2 7DZ - £575,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

39 CHART LANE is a very small extended detached house of 110m², built sometime between 1900 and 1929. It was last sold for £575,000 in May 2015, which was around 11% below the average May 2015 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

39 CHART LANE Sold Prices

Land registry data shows four sales for 39 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. All of the four 39 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
2015 22 MAY	£575,000	£644,013	11% below HPI
2013 17 APR	£410,000	£519,225	21% below HPI
2005 12 SEP	£318,000	£425,767	25% below HPI
1997 6 AUG	£139,950	£179,940	22% below HPI

39 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 39 CHART LANE sales between August 1997 and May 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 April 2013 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the May 2015 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 39 CHART LANE?

39 CHART LANE is 110m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the smallest 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 39 CHART LANE lies on this distribution: 16% of detached houses are smaller than 39 CHART LANE, and 83% of houses are larger. Note that EPC data is not available for all properties in Reigate.

39 CHART LANE: Plot and Title Map

39 CHART LANE sits on a plot of roughly 0.042 of an acre, or 171m². The below map shows the location of 39 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 39 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 39 CHART LANE?

39 CHART LANE is located in REIGATE, in the RH2 postcode district. The below map shows the position of No. 39 on CHART LANE.