8, THE CHASE, REIGATE, RH2 7DH - £900,000

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

8 THE CHASE is a midsized extended detached house of 168m², built sometime between 1930 and 1949, which could now be worth an estimated £1,550,958. It was last sold for £900,000 in April 2012, which was around 72% above the average April 2012 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was D.

8 THE CHASE Sold Prices

Land registry data shows two sales for 8 THE CHASE 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 8 THE CHASE 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
2012 10 APR	£900,000	£523,642	72% above HPI
2007 6 JUL	£795,000	£520,511	53% above HPI

8 THE CHASE 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 8 THE CHASE sales from July 2007 and April 2012 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 July 2007 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the April 2012 sale, where it rises to 72% above the HPI. The line then continues to track at 72% above the HPI.

What might 8 THE CHASE be worth now?

8 THE CHASE might now be worth an estimated £1,550,958.

This is based on house price inflation of 72.3%, between April 2012 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 72.3% inflationary increase is applied to the most recent sale price for 8 THE CHASE of £900,000 on 10th April 2012. For the value to have increased from £900,000 to £1,550,958 over the eleven years and four months to December 2024, the following assumptions must hold true:

• The value of 8 THE CHASE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The April 2012 sale price of £900,000 represented a fair market value for the property.
• The size, condition, and specification of 8 THE CHASE has not materially changed since April 2012.

How Large is 8 THE CHASE?

8 THE CHASE is 168m², which includes one extension, according to the EPC inspection conducted in September 2011. 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 8 THE CHASE lies on this distribution: 54% of detached houses houses are smaller than 8 THE CHASE, and 46% of houses are larger. Note that EPC data is not available for all properties in Reigate.

8 THE CHASE: Plot and Title Map

8 THE CHASE sits on a plot of roughly 0.358 of an acre, or 1,447m². The below map shows the location of 8 THE CHASE, 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 8 THE CHASE). 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 8 THE CHASE?

8 THE CHASE is located in REIGATE, in the RH2 postcode district. The below map shows the position of No. 8 on THE CHASE.