57, THE CEDARS, REIGATE, RH2 0RR - £767,000

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

57 THE CEDARS is a midsized extended detached house of 178m², built sometime between 1967 and 1975. It was last sold for £767,000 in August 2024, which was around 17% below the average August 2024 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was January 2024, where the current energy rating was E, and the potential energy rating was C.

57 THE CEDARS Sold Prices

Land registry data shows two sales for 57 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. One of the two 57 THE CEDARS sales was for below the average price, whilst the other was 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
2024 16 AUG	£767,000	£928,268	17% below HPI
1999 10 FEB	£239,950	£218,565	10% above HPI

57 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 57 THE CEDARS sales from February 1999 and August 2024 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 February 1999 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the August 2024 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 57 THE CEDARS be worth now?

57 THE CEDARS might now be worth an estimated £745,614.

This is based on house price deflation of 2.8%, between August 2024 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 2.8% deflationary decrease is applied to the most recent sale price for 57 THE CEDARS of £767,000 on 16th August 2024. For the value to have decreased from £767,000 to £745,614 over the eight months to December 2024, the following assumptions must hold true:

• The value of 57 THE CEDARS has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The August 2024 sale price of £767,000 represented a fair market value for the property.
• The size, condition, and specification of 57 THE CEDARS has not materially changed since August 2024.

How Large is 57 THE CEDARS?

57 THE CEDARS is 178m², which includes three extensions, according to the EPC inspection conducted in January 2024. This puts it in the largest 50% 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 57 THE CEDARS lies on this distribution: 58% of detached houses houses are smaller than 57 THE CEDARS, and 42% of houses are larger. Note that EPC data is not available for all properties in Reigate.

57 THE CEDARS: Plot and Title Map

57 THE CEDARS sits on a plot of roughly 0.131 of an acre, or 531m². The below map shows the location of 57 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 57 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 57 THE CEDARS?

57 THE CEDARS is located in REIGATE, in the RH2 postcode district. The below map shows the position of No. 57 on THE CEDARS.