21B, WEST STREET, REIGATE, RH2 9BL - £500,000

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.

21B WEST STREET is a very small extended terraced house of 94m², built sometime before 1900, which could now be worth an estimated £563,423. It was last sold for £500,000 in March 2021, which was around 31% above the average March 2021 terraced price in the Reigate and Banstead local authority area. The most recent EPC inspection was February 2021, where the current energy rating was D, and the potential energy rating was B.

21B WEST STREET Sold Prices

Land registry data shows six sales for 21B WEST STREET since 1^st January 1995. The below table shows the price paid for the six sales, along with the average terraced price in the Reigate and Banstead local authority area for the corresponding sale date. All of the six 21B WEST STREET 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
2021 29 MAR	£500,000	£381,590	31% above HPI
2018 28 SEP	£440,000	£371,357	18% above HPI
2015 21 AUG	£360,000	£331,547	9% above HPI
2006 31 JUL	£235,000	£215,616	9% above HPI
1998 14 SEP	£102,500	£93,888	9% above HPI
1996 18 MAR	£83,950	£64,246	31% above HPI

21B WEST STREET 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 six 21B WEST STREET sales between March 1996 and March 2021 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 2018 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the March 2021 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 21B WEST STREET be worth now?

21B WEST STREET might now be worth an estimated £563,423.

This is based on house price inflation of 12.7%, between March 2021 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 12.7% inflationary increase is applied to the most recent sale price for 21B WEST STREET of £500,000 on 29th March 2021. For the value to have increased from £500,000 to £563,423 over the four years and ten months to May 2026, the following assumptions must hold true:

• The value of 21B WEST STREET has moved in line with the HPI for terraced houses in the Reigate and Banstead local authority area.
• The March 2021 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 21B WEST STREET has not materially changed since March 2021.

How Large is 21B WEST STREET?

21B WEST STREET is 94m², which includes one extension, according to the EPC inspection conducted in February 2021. 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 21B WEST STREET lies on this distribution: 7% of terraced houses houses are smaller than 21B WEST STREET, and 93% of houses are larger. Note that EPC data is not available for all properties in Reigate.

21B WEST STREET: Plot and Title Map

21B WEST STREET sits on a plot of roughly 0.013 of an acre, or 52m². The below map shows the location of 21B WEST STREET, 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 21B WEST STREET). 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 21B WEST STREET?

21B WEST STREET is located in REIGATE, in the RH2 postcode district. The below map shows the position of No. 21B on WEST STREET.