53, THE CEDARS, REIGATE, RH2 0RR - £665,000

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

53 THE CEDARS is a midsized extended detached house of 148m², built sometime between 1950 and 1966. It was last sold for £665,000 in November 2016, which was around 9% below the average November 2016 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was July 2016, where the current energy rating was E, and the potential energy rating was C.

53 THE CEDARS Sold Prices

Land registry data shows two sales for 53 THE CEDARS 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 53 THE CEDARS 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
2016 4 NOV	£665,000	£731,349	9% below HPI
2006 25 MAY	£380,000	£422,723	10% below HPI

53 THE CEDARS 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 53 THE CEDARS sales from May 2006 and November 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 May 2006 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the November 2016 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 53 THE CEDARS?

53 THE CEDARS is 148m², which includes one extension, according to the EPC inspection conducted in July 2016. This puts it in the smallest 50% of detached houses in Reigate, based on EPC data. The below chart shows the distribution of detached houses by size in Reigate, and where 53 THE CEDARS lies on this distribution: 41% of detached houses are smaller than 53 THE CEDARS, and 59% of houses are larger. Note that EPC data is not available for all properties in Reigate.

53 THE CEDARS: Plot and Title Map

53 THE CEDARS sits on a plot of roughly 0.112 of an acre, or 454m². The below map shows the location of 53 THE CEDARS, 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 53 THE CEDARS). 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 53 THE CEDARS?

53 THE CEDARS is located in REIGATE, in the RH2 postcode district. The below map shows the position of No. 53 on THE CEDARS.