18, SMITH ROAD, REIGATE, RH2 8HJ - £408,000

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 SMITH ROAD is a very small extended terraced house of 106m², built sometime between 2003 and 2006, which could now be worth an estimated £614,136. It was last sold for £408,000 in June 2014, which was around 43% above the average June 2014 terraced price in the Reigate and Banstead local authority area. The most recent EPC inspection was March 2012, where the current energy rating was C, and the potential energy rating was C.

18 SMITH ROAD Sold Prices

Land registry data shows two sales for 18 SMITH ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Reigate and Banstead local authority area for the corresponding sale date. Both of the two 18 SMITH 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
2014 26 JUN	£408,000	£285,665	43% above HPI
2006 6 OCT	£285,000	£216,737	31% above HPI

18 SMITH 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 two 18 SMITH ROAD sales from October 2006 and June 2014 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 2006 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the June 2014 sale, where it rises to 43% above the HPI. The line then continues to track at 43% above the HPI.

What might 18 SMITH ROAD be worth now?

18 SMITH ROAD might now be worth an estimated £614,136.

This is based on house price inflation of 50.5%, between June 2014 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 50.5% inflationary increase is applied to the most recent sale price for 18 SMITH ROAD of £408,000 on 26th June 2014. For the value to have increased from £408,000 to £614,136 over the twelve years and one month to May 2026, the following assumptions must hold true:

• The value of 18 SMITH ROAD has moved in line with the HPI for terraced houses in the Reigate and Banstead local authority area.
• The June 2014 sale price of £408,000 represented a fair market value for the property.
• The size, condition, and specification of 18 SMITH ROAD has not materially changed since June 2014.

How Large is 18 SMITH ROAD?

18 SMITH ROAD is 106m², which includes one extension, according to the EPC inspection conducted in March 2012. This puts it in the smallest 20% 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 SMITH ROAD lies on this distribution: 12% of terraced houses houses are smaller than 18 SMITH ROAD, and 87% of houses are larger. Note that EPC data is not available for all properties in Reigate.

18 SMITH ROAD: Plot and Title Map

18 SMITH ROAD sits on a plot of roughly 0.040 of an acre, or 162m². The below map shows the location of 18 SMITH 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 SMITH 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 SMITH ROAD?

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