55, WRAY COMMON ROAD, REIGATE, RH2 0NB - £956,750

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

55 WRAY COMMON ROAD is a small detached house of 147m², built sometime between 1930 and 1949. It was last sold for £956,750 in February 2016, which was around 27% above the average February 2016 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was September 2023, where the current energy rating was D, and the potential energy rating was C.

55 WRAY COMMON ROAD Sold Prices

Land registry data shows two sales for 55 WRAY COMMON ROAD 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 55 WRAY COMMON ROAD 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 24 FEB	£956,750	£754,959	27% above HPI
1997 27 MAR	£230,000	£169,178	36% above HPI

55 WRAY COMMON 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 two 55 WRAY COMMON ROAD sales from March 1997 and February 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 March 1997 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the February 2016 sale, where it falls to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might 55 WRAY COMMON ROAD be worth now?

55 WRAY COMMON ROAD might now be worth an estimated £1,143,581.

This is based on house price inflation of 19.5%, between February 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 19.5% inflationary increase is applied to the most recent sale price for 55 WRAY COMMON ROAD of £956,750 on 24th February 2016. For the value to have increased from £956,750 to £1,143,581 over the seven years and two months to December 2024, the following assumptions must hold true:

• The value of 55 WRAY COMMON ROAD has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The February 2016 sale price of £956,750 represented a fair market value for the property.
• The size, condition, and specification of 55 WRAY COMMON ROAD has not materially changed since February 2016.

How Large is 55 WRAY COMMON ROAD?

55 WRAY COMMON ROAD is 147m² according to the EPC inspection conducted in September 2023. This puts it in the smallest 40% 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 55 WRAY COMMON ROAD lies on this distribution: 40% of detached houses houses are smaller than 55 WRAY COMMON ROAD, and 60% of houses are larger. Note that EPC data is not available for all properties in Reigate.

55 WRAY COMMON ROAD: Plot and Title Map

55 WRAY COMMON ROAD sits on a plot of roughly 0.311 of an acre, or 1,257m². The below map shows the location of 55 WRAY COMMON 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 55 WRAY COMMON 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 55 WRAY COMMON ROAD?

55 WRAY COMMON ROAD is located in REIGATE, in the RH2 postcode district. The below map shows the position of No. 55 on WRAY COMMON ROAD.