39, WRAY LANE, REIGATE, RH2 0HU - £1,085,000

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

39 WRAY LANE is a very large detached house of 235m², built sometime between 1976 and 1982. It was last sold for £1,085,000 in May 2021, which was around 40% above the average May 2021 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was November 2008, where the current energy rating was E, and the potential energy rating was D.

39 WRAY LANE Sold Prices

Land registry data shows two sales for 39 WRAY 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 39 WRAY 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
2021 10 MAY	£1,085,000	£776,526	40% above HPI
2014 22 SEP	£785,000	£628,678	25% above HPI

39 WRAY 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 39 WRAY LANE sales from September 2014 and May 2021 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 September 2014 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the May 2021 sale, where it rises to 40% above the HPI. The line then continues to track at 40% above the HPI.

How Large is 39 WRAY LANE?

39 WRAY LANE is 235m² according to the EPC inspection conducted in November 2008. 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 39 WRAY LANE lies on this distribution: 83% of detached houses are smaller than 39 WRAY LANE, and 17% of houses are larger. Note that EPC data is not available for all properties in Reigate.

39 WRAY LANE: Plot and Title Map

39 WRAY LANE sits on a plot of roughly 0.184 of an acre, or 743m². The below map shows the location of 39 WRAY 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 WRAY 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 WRAY LANE?

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