53, PARK LANE EAST, REIGATE, RH2 8HS - £390,000

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.

53 PARK LANE EAST is a very small extended semi-detached house of 113m², built sometime before 1900, which could now be worth an estimated £696,223. It was last sold for £390,000 in September 2011, which was around 32% above the average September 2011 semi-detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was July 2011, where the current energy rating was E, and the potential energy rating was D.

53 PARK LANE EAST Sold Prices

Land registry data shows four sales for 53 PARK LANE EAST since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Reigate and Banstead local authority area for the corresponding sale date. All of the four 53 PARK LANE EAST 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
2011 12 SEP	£390,000	£296,264	32% above HPI
2000 6 OCT	£205,000	£161,655	27% above HPI
1997 3 DEC	£147,000	£108,772	35% above HPI
1996 14 JUN	£118,500	£86,808	37% above HPI

53 PARK LANE EAST Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Reigate and Banstead local authority area over time, sourced from the HPI. The four 53 PARK LANE EAST sales between June 1996 and September 2011 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 2000 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the September 2011 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might 53 PARK LANE EAST be worth now?

53 PARK LANE EAST might now be worth an estimated £696,223.

This is based on house price inflation of 78.5%, between September 2011 and February 2025, for semi-detached 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 78.5% inflationary increase is applied to the most recent sale price for 53 PARK LANE EAST of £390,000 on 12th September 2011. For the value to have increased from £390,000 to £696,223 over the fourteen years and seven months to February 2025, the following assumptions must hold true:

• The value of 53 PARK LANE EAST has moved in line with the HPI for semi-detached houses in the Reigate and Banstead local authority area.
• The September 2011 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 53 PARK LANE EAST has not materially changed since September 2011.

How Large is 53 PARK LANE EAST?

53 PARK LANE EAST is 113m², which includes one extension, according to the EPC inspection conducted in July 2011. This puts it in the smallest 20% of semi-detached houses houses in Reigate, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Reigate, and where 53 PARK LANE EAST lies on this distribution: 17% of semi-detached houses houses are smaller than 53 PARK LANE EAST, and 83% of houses are larger. Note that EPC data is not available for all properties in Reigate.

53 PARK LANE EAST: Plot and Title Map

53 PARK LANE EAST sits on a plot of roughly 0.046 of an acre, or 185m². The below map shows the location of 53 PARK LANE EAST, 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 53 PARK LANE EAST). 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 53 PARK LANE EAST?

53 PARK LANE EAST is located in REIGATE, in the RH2 postcode district. The below map shows the position of No. 53 on PARK LANE EAST.