50, NEW NORTH ROAD, REIGATE, RH2 8NA - £395,000

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

50 NEW NORTH ROAD is a very small detached house of 115m², built sometime between 1930 and 1949. It was last sold for £395,000 in March 2010, which was around 22% below the average March 2010 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was December 2009, where the current energy rating was E, and the potential energy rating was D.

50 NEW NORTH ROAD Sold Prices

Land registry data shows four sales for 50 NEW NORTH ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. All of the four 50 NEW NORTH ROAD 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
2010 12 MAR	£395,000	£506,017	22% below HPI
1998 26 MAY	£72,000	£206,464	65% below HPI
1997 30 OCT	£64,000	£193,929	67% below HPI
1995 1 MAR	£55,000	£152,120	64% below HPI

50 NEW NORTH ROAD 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 four 50 NEW NORTH ROAD sales between March 1995 and March 2010 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 1998 sale was for 65% below the HPI. So the extrapolation line tracks at 65% below the HPI over time, until the March 2010 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 50 NEW NORTH ROAD be worth now?

50 NEW NORTH ROAD might now be worth an estimated £704,407.

This is based on house price inflation of 78.3%, between March 2010 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 78.3% inflationary increase is applied to the most recent sale price for 50 NEW NORTH ROAD of £395,000 on 12th March 2010. For the value to have increased from £395,000 to £704,407 over the thirteen years and three months to December 2024, the following assumptions must hold true:

• The value of 50 NEW NORTH ROAD has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The March 2010 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 50 NEW NORTH ROAD has not materially changed since March 2010.

How Large is 50 NEW NORTH ROAD?

50 NEW NORTH ROAD is 115m² according to the EPC inspection conducted in December 2009. This puts it in the smallest 20% 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 50 NEW NORTH ROAD lies on this distribution: 18% of detached houses houses are smaller than 50 NEW NORTH ROAD, and 82% of houses are larger. Note that EPC data is not available for all properties in Reigate.

50 NEW NORTH ROAD: Plot and Title Map

50 NEW NORTH ROAD sits on a plot of roughly 0.101 of an acre, or 410m². The below map shows the location of 50 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 50 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 50 NEW NORTH ROAD?

50 NEW NORTH ROAD is located in REIGATE, in the RH2 postcode district. The below map shows the position of No. 50 on NEW NORTH ROAD.