27, NORTH ROAD, REIGATE, RH2 8LY - £585,000

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.

27 NORTH ROAD is a very small extended terraced house of 96m², built sometime between 1930 and 1949, which could now be worth an estimated £608,400. It was last sold for £585,000 in May 2024, which was around 41% above the average May 2024 terraced price in the Reigate and Banstead local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was B.

27 NORTH ROAD Sold Prices

Land registry data shows three sales for 27 NORTH ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Reigate and Banstead local authority area for the corresponding sale date. The three 27 NORTH ROAD sales were a mix of above the average price, and roughly equal to 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 16 MAY	£585,000	£413,455	41% above HPI
2002 3 MAY	£178,500	£149,643	19% above HPI
1995 15 DEC	£68,000	£68,022	Close to HPI

27 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 three 27 NORTH ROAD sales between December 1995 and May 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 May 2002 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the May 2024 sale, where it rises to 41% above the HPI. The line then continues to track at 41% above the HPI.

What might 27 NORTH ROAD be worth now?

27 NORTH ROAD might now be worth an estimated £608,400.

This is based on house price inflation of 4%, between May 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 4% inflationary increase is applied to the most recent sale price for 27 NORTH ROAD of £585,000 on 16th May 2024. For the value to have increased from £585,000 to £608,400 over the two years to May 2026, the following assumptions must hold true:

• The value of 27 NORTH ROAD has moved in line with the HPI for terraced houses in the Reigate and Banstead local authority area.
• The May 2024 sale price of £585,000 represented a fair market value for the property.
• The size, condition, and specification of 27 NORTH ROAD has not materially changed since May 2024.

How Large is 27 NORTH ROAD?

27 NORTH ROAD is 96m², which includes one extension, according to the EPC inspection conducted in June 2023. 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 27 NORTH ROAD lies on this distribution: 8% of terraced houses houses are smaller than 27 NORTH ROAD, and 92% of houses are larger. Note that EPC data is not available for all properties in Reigate.

27 NORTH ROAD: Plot and Title Map

27 NORTH ROAD sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 27 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 27 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 27 NORTH ROAD?

27 NORTH ROAD is located in REIGATE, in the RH2 postcode district. The below map shows the position of No. 27 on NORTH ROAD.