49, PARK LANE EAST, REIGATE, RH2 8HS - £845,000

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

49 PARK LANE EAST is a large detached house of 186m², built sometime between 1900 and 1929. It was last sold for £845,000 in May 2024, which was around 3% below the average May 2024 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was B.

49 PARK LANE EAST Sold Prices

Land registry data shows two sales for 49 PARK LANE EAST 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 49 PARK LANE EAST 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
2024 16 MAY	£845,000	£874,571	3% below HPI
2015 5 NOV	£562,500	£689,288	18% below HPI

49 PARK LANE EAST 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 49 PARK LANE EAST sales from November 2015 and May 2024 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 November 2015 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the May 2024 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 49 PARK LANE EAST?

49 PARK LANE EAST is 186m² according to the EPC inspection conducted in April 2023. This puts it in the largest 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 49 PARK LANE EAST lies on this distribution: 64% of detached houses are smaller than 49 PARK LANE EAST, and 35% of houses are larger. Note that EPC data is not available for all properties in Reigate.

49 PARK LANE EAST: Plot and Title Map

49 PARK LANE EAST sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of 49 PARK LANE EAST, 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 49 PARK LANE EAST). 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 49 PARK LANE EAST?

49 PARK LANE EAST is located in REIGATE, in the RH2 postcode district. The below map shows the position of No. 49 on PARK LANE EAST.