OAK STANDEN, OAK WAY, REIGATE, RH2 7ES - £1,220,000

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

OAK STANDEN is a large extended detached house of 185m², built sometime between 1930 and 1949, which could now be worth an estimated £1,403,761. It was last sold for £1,220,000 in January 2018, which was around 56% above the average January 2018 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was July 2017, where the current energy rating was E, and the potential energy rating was C.

OAK STANDEN Sold Prices

Land registry data shows three sales for OAK STANDEN 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 OAK STANDEN 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
2018 16 JAN	£1,220,000	£784,257	56% above HPI
2006 27 NOV	£820,000	£460,880	78% above HPI
1997 9 MAY	£237,605	£172,179	38% above HPI

OAK STANDEN 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 OAK STANDEN sales between May 1997 and January 2018 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 2006 sale was for 78% above the HPI. So the extrapolation line tracks at 78% above the HPI over time, until the January 2018 sale, where it falls to 56% above the HPI. The line then continues to track at 56% above the HPI.

What might OAK STANDEN be worth now?

OAK STANDEN might now be worth an estimated £1,403,761.

This is based on house price inflation of 15.1%, between January 2018 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 15.1% inflationary increase is applied to the most recent sale price for OAK STANDEN of £1,220,000 on 16th January 2018. For the value to have increased from £1,220,000 to £1,403,761 over the five years and one month to December 2024, the following assumptions must hold true:

• The value of OAK STANDEN has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The January 2018 sale price of £1,220,000 represented a fair market value for the property.
• The size, condition, and specification of OAK STANDEN has not materially changed since January 2018.

How Large is OAK STANDEN?

OAK STANDEN is 185m², which includes one extension, according to the EPC inspection conducted in July 2017. This puts it in the largest 40% 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 OAK STANDEN lies on this distribution: 62% of detached houses houses are smaller than OAK STANDEN, and 37% of houses are larger. Note that EPC data is not available for all properties in Reigate.

OAK STANDEN: Plot and Title Map

OAK STANDEN sits on a plot of roughly 0.234 of an acre, or 945m². The below map shows the location of OAK STANDEN, 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 OAK STANDEN). 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 OAK STANDEN?

OAK STANDEN is located on OAK WAY in REIGATE, in the RH2 postcode district. The below map shows the position of OAK STANDEN on OAK WAY.