18, NORTH ROAD, REIGATE, RH2 8LY - £440,000

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.

18 NORTH ROAD is a very small terraced house of 76m², built sometime between 2007 and 2011, which could now be worth an estimated £455,275. It was last sold for £440,000 in April 2024, which was around 6% above the average April 2024 terraced price in the Reigate and Banstead local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was B.

18 NORTH ROAD Sold Prices

Land registry data shows four sales for 18 NORTH ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Reigate and Banstead local authority area for the corresponding sale date. All of the four 18 NORTH ROAD 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
2024 19 APR	£440,000	£415,566	6% above HPI
2020 4 SEP	£380,000	£376,025	1% above HPI
2015 25 FEB	£330,000	£307,406	7% above HPI
2011 29 JUL	£250,000	£239,642	4% above HPI

18 NORTH ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Reigate and Banstead local authority area over time, sourced from the HPI. The four 18 NORTH ROAD sales between July 2011 and April 2024 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 September 2020 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the April 2024 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 18 NORTH ROAD be worth now?

18 NORTH ROAD might now be worth an estimated £455,275.

This is based on house price inflation of 3.5%, between April 2024 and May 2026, for terraced 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 3.5% inflationary increase is applied to the most recent sale price for 18 NORTH ROAD of £440,000 on 19th April 2024. For the value to have increased from £440,000 to £455,275 over the one year and eleven months to May 2026, the following assumptions must hold true:

• The value of 18 NORTH ROAD has moved in line with the HPI for terraced houses in the Reigate and Banstead local authority area.
• The April 2024 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of 18 NORTH ROAD has not materially changed since April 2024.

How Large is 18 NORTH ROAD?

18 NORTH ROAD is 76m² according to the EPC inspection conducted in October 2020. This puts it in the smallest 10% of terraced houses houses in Reigate, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Reigate, and where 18 NORTH ROAD lies on this distribution: 2% of terraced houses houses are smaller than 18 NORTH ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Reigate.

18 NORTH ROAD: Plot and Title Map

18 NORTH ROAD sits on a plot of roughly 0.034 of an acre, or 137m². The below map shows the location of 18 NORTH ROAD, 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 18 NORTH ROAD). 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 18 NORTH ROAD?

18 NORTH ROAD is located in REIGATE, in the RH2 postcode district. The below map shows the position of No. 18 on NORTH ROAD.