1 Park Lane

    1, PARK LANE, REIGATE, RH2 8JU

    This detached freehold property on Park Lane last sold in May 2023 for £1,700,000. Based on price growth in the RH2 district since then, its estimated current value is £1,506,244 — placing it in the 98th percentile nationally and the 93rd percentile within RH2. The property covers 224 m² (2,411 sq ft), giving an estimated value of £6,724 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,411 sq ft

    224 m²

    Last Sale Price

    £1,700,000

    May 2023

    Estimated Valuation

    £1,506,244

    Est. £/sq ft

    £625/sq ft

    £6,724/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms8
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area2,411 sq ft (224 m²)
    EPC dateDec 2022
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    4 May 2023

    £1,700,000

    28 Jul 2017

    £1,150,000

    3 Jul 2013

    £999,950

    25 Jan 2011

    £855,000

    10 Mar 2003

    £200,000

    Key Metrics

    Estimated valuation£1,506,244
    Value per sq ft / m²£625/sq ft (£6,724/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RH2 district percentile93rd percentile
    National percentile98th percentile

    District Context — RH2

    RH2 covers Redhill, Reigate, and surrounding areas in south Surrey, positioned between London and the Sussex coast. It is an affluent suburban and semi-rural district with strong commuter appeal and well-established residential communities.

    Average Property Price - RH2

    £673,713

    92

    National percentile

    Average Net Household Income - RH2

    £53,952

    94

    National percentile

    10-Year Annualised Price Growth - RH2

    3.1%

    31

    National percentile

    10-Year Annualised Rent Growth - RH

    3.6%

    34

    National percentile

    View full analysis for RH2

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