5, HOWARD PLACE, REIGATE, RH2 9NP - £655,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 HOWARD PLACE is a small extended semi-detached house of 144m², built sometime between 1996 and 2002, which could now be worth an estimated £683,001. It was last sold for £655,000 in January 2024, which was around 28% above the average January 2024 semi-detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was B.

5 HOWARD PLACE Sold Prices

Land registry data shows two sales for 5 HOWARD PLACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Reigate and Banstead local authority area for the corresponding sale date. Both of the two 5 HOWARD PLACE 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
2024 22 JAN	£655,000	£510,890	28% above HPI
2000 28 JAN	£289,950	£140,819	106% above HPI

5 HOWARD PLACE 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 two 5 HOWARD PLACE sales from January 2000 and January 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 January 2000 sale was for 106% above the HPI. So the extrapolation line tracks at 106% above the HPI over time, until the January 2024 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might 5 HOWARD PLACE be worth now?

5 HOWARD PLACE might now be worth an estimated £683,001.

This is based on house price inflation of 4.3%, between January 2024 and December 2024, 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 4.3% inflationary increase is applied to the most recent sale price for 5 HOWARD PLACE of £655,000 on 22nd January 2024. For the value to have increased from £655,000 to £683,001 over the one month to December 2024, the following assumptions must hold true:

• The value of 5 HOWARD PLACE has moved in line with the HPI for semi-detached houses in the Reigate and Banstead local authority area.
• The January 2024 sale price of £655,000 represented a fair market value for the property.
• The size, condition, and specification of 5 HOWARD PLACE has not materially changed since January 2024.

How Large is 5 HOWARD PLACE?

5 HOWARD PLACE is 144m², which includes one extension, according to the EPC inspection conducted in August 2023. This puts it in the smallest 40% 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 5 HOWARD PLACE lies on this distribution: 38% of semi-detached houses houses are smaller than 5 HOWARD PLACE, and 62% of houses are larger. Note that EPC data is not available for all properties in Reigate.

5 HOWARD PLACE: Plot and Title Map

5 HOWARD PLACE sits on a plot of roughly 0.064 of an acre, or 261m². The below map shows the location of 5 HOWARD PLACE, 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 5 HOWARD PLACE). 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 5 HOWARD PLACE?

5 HOWARD PLACE is located in REIGATE, in the RH2 postcode district. The below map shows the position of No. 5 on HOWARD PLACE.