45, NEW NORTH ROAD, REIGATE, RH2 8LZ - £675,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

45 NEW NORTH ROAD is a small extended semi-detached house of 120m², built sometime between 1930 and 1949, which could now be worth an estimated £661,551. It was last sold for £675,000 in November 2022, which was around 25% above the average November 2022 semi-detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.

45 NEW NORTH ROAD Sold Prices

Land registry data shows four sales for 45 NEW NORTH ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Reigate and Banstead local authority area for the corresponding sale date. two of the four 45 NEW NORTH ROAD sales were for above the average price, and four 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 21 NOV	£675,000	£539,639	25% above HPI
2011 21 OCT	£300,000	£295,532	2% above HPI
2005 27 APR	£215,000	£249,542	14% below HPI
2000 3 NOV	£130,000	£161,644	20% below HPI

45 NEW NORTH ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Reigate and Banstead local authority area over time, sourced from the HPI. The four 45 NEW NORTH ROAD sales between November 2000 and November 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 2011 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the November 2022 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 45 NEW NORTH ROAD be worth now?

45 NEW NORTH ROAD might now be worth an estimated £661,551.

This is based on house price deflation of 2%, between November 2022 and February 2025, for semi-detached houses, in the Reigate and Banstead local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2% deflationary decrease is applied to the most recent sale price for 45 NEW NORTH ROAD of £675,000 on 21st November 2022. For the value to have decreased from £675,000 to £661,551 over the three years and nine months to February 2025, the following assumptions must hold true:

• The value of 45 NEW NORTH ROAD has moved in line with the HPI for semi-detached houses in the Reigate and Banstead local authority area.
• The November 2022 sale price of £675,000 represented a fair market value for the property.
• The size, condition, and specification of 45 NEW NORTH ROAD has not materially changed since November 2022.

How Large is 45 NEW NORTH ROAD?

45 NEW NORTH ROAD is 120m², which includes one extension, according to the EPC inspection conducted in July 2022. This puts it in the smallest 30% of semi-detached houses houses in Reigate, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Reigate, and where 45 NEW NORTH ROAD lies on this distribution: 21% of semi-detached houses houses are smaller than 45 NEW NORTH ROAD, and 78% of houses are larger. Note that EPC data is not available for all properties in Reigate.

45 NEW NORTH ROAD: Plot and Title Map

45 NEW NORTH ROAD sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 45 NEW NORTH ROAD, 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 45 NEW NORTH ROAD). 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 45 NEW NORTH ROAD?

45 NEW NORTH ROAD is located in REIGATE, in the RH2 postcode district. The below map shows the position of No. 45 on NEW NORTH ROAD.