43, SANDCROSS LANE, REIGATE, RH2 8EX - £680,000

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

43 SANDCROSS LANE is a very small detached house of 88m², built sometime between 1930 and 1949. It was last sold for £680,000 in April 2022, which was around 19% below the average April 2022 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was December 2021, where the current energy rating was C, and the potential energy rating was B.

43 SANDCROSS LANE Sold Prices

Land registry data shows two sales for 43 SANDCROSS 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 43 SANDCROSS 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 1 APR	£680,000	£842,019	19% below HPI
2007 11 MAY	£325,000	£472,521	31% below HPI

43 SANDCROSS 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 43 SANDCROSS LANE sales from May 2007 and April 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 May 2007 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the April 2022 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 43 SANDCROSS LANE?

43 SANDCROSS LANE is 88m² according to the EPC inspection conducted in December 2021. 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 43 SANDCROSS LANE lies on this distribution: 5% of detached houses are smaller than 43 SANDCROSS LANE, and 95% of houses are larger. Note that EPC data is not available for all properties in Reigate.

43 SANDCROSS LANE: Plot and Title Map

43 SANDCROSS LANE sits on a plot of roughly 0.182 of an acre, or 736m². The below map shows the location of 43 SANDCROSS 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 43 SANDCROSS 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 43 SANDCROSS LANE?

43 SANDCROSS LANE is located in REIGATE, in the RH2 postcode district. The below map shows the position of No. 43 on SANDCROSS LANE.