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

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

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 5% 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. Most of the four 59 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
2019 14 AUG	£835,000	£793,161	5% above HPI
2011 18 NOV	£499,995	£524,826	5% below HPI
2002 2 MAY	£249,950	£351,238	29% below HPI
1998 9 OCT	£151,500	£221,800	32% 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 was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the August 2019 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 59 CHART LANE be worth now?

59 CHART LANE might now be worth an estimated £949,986.

This is based on house price inflation of 13.8%, between August 2019 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 13.8% inflationary increase is applied to the most recent sale price for 59 CHART LANE of £835,000 on 14th August 2019. For the value to have increased from £835,000 to £949,986 over the four years and eight months to December 2024, the following assumptions must hold true:

• The value of 59 CHART LANE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The August 2019 sale price of £835,000 represented a fair market value for the property.
• The size, condition, and specification of 59 CHART LANE has not materially changed since August 2019.

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 houses in Reigate, based on EPC data. The below chart shows the distribution of detached houses houses by size in Reigate, and where 59 CHART LANE lies on this distribution: 46% of detached houses houses are smaller than 59 CHART LANE, and 54% 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.