2, THE CHASE, REIGATE, RH2 7DH - £1,740,000

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.

2 THE CHASE is a very large extended detached house of 258m², built sometime between 1950 and 1966, which could now be worth an estimated £1,977,695. It was last sold for £1,740,000 in June 2020, which was around 115% above the average June 2020 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was C.

2 THE CHASE Sold Prices

Land registry data shows one sale for 2 THE CHASE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2020 12 JUN	£1,740,000	£810,328	115% above HPI

What might 2 THE CHASE be worth now?

2 THE CHASE might now be worth an estimated £1,977,695.

This is based on house price inflation of 13.7%, between June 2020 and May 2026, for 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 13.7% inflationary increase is applied to the most recent sale price for 2 THE CHASE of £1,740,000 on 12th June 2020. For the value to have increased from £1,740,000 to £1,977,695 over the six years and one month to May 2026, the following assumptions must hold true:

• The value of 2 THE CHASE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The June 2020 sale price of £1,740,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE CHASE has not materially changed since June 2020.

How Large is 2 THE CHASE?

2 THE CHASE is 258m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the largest 20% of detached houses in Reigate, based on EPC data. The below chart shows the distribution of detached houses by size in Reigate, and where 2 THE CHASE lies on this distribution: 87% of detached houses are smaller than 2 THE CHASE, and 13% of detached houses are larger. Note that EPC data is not available for all properties in Reigate.

2 THE CHASE: Plot

2 THE CHASE sits on a plot of roughly 0.451 of an acre, or 1,827m².

Where is 2 THE CHASE?

2 THE CHASE is located in REIGATE, in the RH2 postcode district.