55, CHART LANE, REIGATE, RH2 7DZ - £670,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

55 CHART LANE is a very small extended detached house of 97m², built sometime between 1900 and 1929. It was last sold for £670,000 in July 2018, which was around 13% below the average July 2018 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was C.

55 CHART LANE Sold Prices

Land registry data shows four sales for 55 CHART LANE 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 55 CHART LANE 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
2018 10 JUL	£670,000	£773,792	13% below HPI
2018 26 JAN	£655,000	£747,720	12% below HPI
2010 29 NOV	£395,000	£508,106	22% below HPI
1998 12 OCT	£142,500	£211,467	33% below HPI

55 CHART LANE 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 55 CHART LANE sales between October 1998 and July 2018 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 2018 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the July 2018 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 55 CHART LANE?

55 CHART LANE is 97m², which includes one extension, according to the EPC inspection conducted in June 2017. This puts it in the smallest 10% of detached houses in Reigate, based on EPC data. The below chart shows the distribution of detached houses by size in Reigate, and where 55 CHART LANE lies on this distribution: 9% of detached houses are smaller than 55 CHART LANE, and 91% of houses are larger. Note that EPC data is not available for all properties in Reigate.

55 CHART LANE: Plot and Title Map

55 CHART LANE sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 55 CHART LANE, 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 55 CHART LANE). 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 55 CHART LANE?

55 CHART LANE is located in REIGATE, in the RH2 postcode district. The below map shows the position of No. 55 on CHART LANE.