5, THE CHASE, REIGATE, RH2 7DJ - £1,500,000

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 THE CHASE is a very large extended detached house of 300m², built sometime between 1950 and 1966. It was last sold for £1,500,000 in June 2016, which was around 97% above the average June 2016 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was February 2016, where the current energy rating was E, and the potential energy rating was D.

5 THE CHASE Sold Prices

Land registry data shows three sales for 5 THE CHASE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. All of the three 5 THE CHASE 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
2016 30 JUN	£1,500,000	£761,854	97% above HPI
2004 10 JUN	£715,000	£423,480	69% above HPI
1998 30 APR	£328,000	£203,859	61% above HPI

5 THE CHASE 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 three 5 THE CHASE sales between April 1998 and June 2016 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 June 2004 sale was for 69% above the HPI. So the extrapolation line tracks at 69% above the HPI over time, until the June 2016 sale, where it rises to 97% above the HPI. The line then continues to track at 97% above the HPI.

What might 5 THE CHASE be worth now?

5 THE CHASE might now be worth an estimated £1,776,689.

This is based on house price inflation of 18.4%, between June 2016 and December 2024, for 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 18.4% inflationary increase is applied to the most recent sale price for 5 THE CHASE of £1,500,000 on 30th June 2016. For the value to have increased from £1,500,000 to £1,776,689 over the seven years and six months to December 2024, the following assumptions must hold true:

• The value of 5 THE CHASE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The June 2016 sale price of £1,500,000 represented a fair market value for the property.
• The size, condition, and specification of 5 THE CHASE has not materially changed since June 2016.

How Large is 5 THE CHASE?

5 THE CHASE is 300m², which includes two extensions, according to the EPC inspection conducted in February 2016. This puts it in the largest 10% of detached houses houses in Reigate, based on EPC data. The below chart shows the distribution of detached houses houses by size in Reigate, and where 5 THE CHASE lies on this distribution: 94% of detached houses houses are smaller than 5 THE CHASE, and 6% of houses are larger. Note that EPC data is not available for all properties in Reigate.

5 THE CHASE: Plot and Title Map

5 THE CHASE sits on a plot of roughly 0.347 of an acre, or 1,404m². The below map shows the location of 5 THE CHASE, 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 THE CHASE). 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 THE CHASE?

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