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

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

OAK STANDEN is a large extended detached house of 185m², built sometime between 1930 and 1949. It was last sold for £1,220,000 in January 2018, which was around 63% 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	£747,720	63% above HPI
2006 27 NOV	£820,000	£439,408	87% above HPI
1997 9 MAY	£237,605	£164,158	45% 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 87% above the HPI. So the extrapolation line tracks at 87% above the HPI over time, until the January 2018 sale, where it falls to 63% above the HPI. The line then continues to track at 63% above the HPI.

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 in Reigate, based on EPC data. The below chart shows the distribution of detached houses by size in Reigate, and where OAK STANDEN lies on this distribution: 63% of detached houses are smaller than OAK STANDEN, and 36% 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.