90, HITCHINGS WAY, REIGATE, RH2 8ER - £587,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

90 HITCHINGS WAY is a very small extended detached house of 113m², built sometime between 1950 and 1966. It was last sold for £587,000 in March 2021, which was around 25% below the average March 2021 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

90 HITCHINGS WAY Sold Prices

Land registry data shows three sales for 90 HITCHINGS WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. All of the three 90 HITCHINGS WAY 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
2021 23 MAR	£587,000	£779,064	25% below HPI
2015 14 OCT	£412,000	£689,097	40% below HPI
1996 20 JUL	£101,000	£150,836	33% below HPI

90 HITCHINGS WAY 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 three 90 HITCHINGS WAY sales between July 1996 and March 2021 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 October 2015 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the March 2021 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 90 HITCHINGS WAY?

90 HITCHINGS WAY is 113m², which includes two extensions, according to the EPC inspection conducted in April 2016. This puts it in the smallest 20% of detached houses in Reigate, based on EPC data. The below chart shows the distribution of detached houses by size in Reigate, and where 90 HITCHINGS WAY lies on this distribution: 17% of detached houses are smaller than 90 HITCHINGS WAY, and 82% of houses are larger. Note that EPC data is not available for all properties in Reigate.

90 HITCHINGS WAY: Plot and Title Map

90 HITCHINGS WAY sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of 90 HITCHINGS WAY, 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 90 HITCHINGS WAY). 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 90 HITCHINGS WAY?

90 HITCHINGS WAY is located in REIGATE, in the RH2 postcode district. The below map shows the position of No. 90 on HITCHINGS WAY.