52, HITCHINGS WAY, REIGATE, RH2 8EW - £468,000

52 HITCHINGS WAY is a very small detached house of 94m², built sometime between 1930 and 1949. It was last sold for £468,000 in May 2016, which was around 34% below the average May 2016 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

52 HITCHINGS WAY Sold Prices

Land registry data shows two sales for 52 HITCHINGS WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. Both of the two 52 HITCHINGS WAY sales were for below 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
2016 27 MAY	£468,000	£709,506	34% below HPI
1996 12 AUG	£88,500	£152,708	42% below HPI

52 HITCHINGS WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Reigate and Banstead local authority area over time, sourced from the HPI. The two 52 HITCHINGS WAY sales from August 1996 and May 2016 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 August 1996 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the May 2016 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 52 HITCHINGS WAY?

52 HITCHINGS WAY is 94m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 10% of detached houses in Reigate, based on EPC data. The below chart shows the distribution of detached houses by size in Reigate, and where 52 HITCHINGS WAY lies on this distribution: 8% of detached houses are smaller than 52 HITCHINGS WAY, and 92% of houses are larger. Note that EPC data is not available for all properties in Reigate.

52 HITCHINGS WAY: Plot and Title Map

52 HITCHINGS WAY sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 52 HITCHINGS WAY, 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 52 HITCHINGS WAY). 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 52 HITCHINGS WAY?

52 HITCHINGS WAY is located in REIGATE, in the RH2 postcode district. The below map shows the position of No. 52 on HITCHINGS WAY.