OAKLANDS LODGE, OAKS ROAD, REIGATE, RH2 0LE - £770,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

OAKLANDS LODGE is a very small extended semi-detached house of 114m², built sometime before 1900, which could now be worth an estimated £946,884. It was last sold for £770,000 in April 2019, which was around 76% above the average April 2019 semi-detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was May 2018, where the current energy rating was E, and the potential energy rating was C.

OAKLANDS LODGE Sold Prices

Land registry data shows three sales for OAKLANDS LODGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Reigate and Banstead local authority area for the corresponding sale date. All of the three OAKLANDS LODGE 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
2019 16 APR	£770,000	£438,273	76% above HPI
2016 17 FEB	£675,000	£427,136	58% above HPI
2007 14 SEP	£475,000	£305,366	56% above HPI

OAKLANDS LODGE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Reigate and Banstead local authority area over time, sourced from the HPI. The three OAKLANDS LODGE sales between September 2007 and April 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 February 2016 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the April 2019 sale, where it rises to 76% above the HPI. The line then continues to track at 76% above the HPI.

What might OAKLANDS LODGE be worth now?

OAKLANDS LODGE might now be worth an estimated £946,884.

This is based on house price inflation of 23%, between April 2019 and March 2025, for semi-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 23% inflationary increase is applied to the most recent sale price for OAKLANDS LODGE of £770,000 on 16th April 2019. For the value to have increased from £770,000 to £946,884 over the six years and one month to March 2025, the following assumptions must hold true:

• The value of OAKLANDS LODGE has moved in line with the HPI for semi-detached houses in the Reigate and Banstead local authority area.
• The April 2019 sale price of £770,000 represented a fair market value for the property.
• The size, condition, and specification of OAKLANDS LODGE has not materially changed since April 2019.

How Large is OAKLANDS LODGE?

OAKLANDS LODGE is 114m², which includes three extensions, according to the EPC inspection conducted in May 2018. This puts it in the smallest 20% of semi-detached houses houses in Reigate, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Reigate, and where OAKLANDS LODGE lies on this distribution: 18% of semi-detached houses houses are smaller than OAKLANDS LODGE, and 82% of houses are larger. Note that EPC data is not available for all properties in Reigate.

OAKLANDS LODGE: Plot and Title Map

OAKLANDS LODGE sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of OAKLANDS LODGE, 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 OAKLANDS LODGE). 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 OAKLANDS LODGE?

OAKLANDS LODGE is located on OAKS ROAD in REIGATE, in the RH2 postcode district. The below map shows the position of OAKLANDS LODGE on OAKS ROAD.