59, CHART LANE, REIGATE, RH2 7DZ - £835,000

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

59 CHART LANE is a midsized extended detached house of 155m², built sometime between 1900 and 1929. It was last sold for £835,000 in August 2019, which was around 10% above the average August 2019 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was C.

59 CHART LANE Sold Prices

Land registry data shows four sales for 59 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. One of the four 59 CHART LANE sales was for above the average price, whilst two 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
2019 14 AUG	£835,000	£756,209	10% above HPI
2011 18 NOV	£499,995	£500,375	Close to HPI
2002 2 MAY	£249,950	£334,875	25% below HPI
1998 9 OCT	£151,500	£211,467	28% below HPI

59 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 59 CHART LANE sales between October 1998 and August 2019 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 November 2011 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the August 2019 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 59 CHART LANE?

59 CHART LANE is 155m², which includes one extension, according to the EPC inspection conducted in October 2018. 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 59 CHART LANE lies on this distribution: 46% of detached houses are smaller than 59 CHART LANE, and 53% of houses are larger. Note that EPC data is not available for all properties in Reigate.

59 CHART LANE: Plot and Title Map

59 CHART LANE sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 59 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 59 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 59 CHART LANE?

59 CHART LANE is located in REIGATE, in the RH2 postcode district. The below map shows the position of No. 59 on CHART LANE.