1, WESLEY CLOSE, REIGATE, RH2 8JS - £1,460,000

1 WESLEY CLOSE is a small extended detached house of 136m², built sometime between 1983 and 1990. It was last sold for £1,460,000 in June 2022, which was around 71% above the average June 2022 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was C.

1 WESLEY CLOSE Sold Prices

Land registry data shows two sales for 1 WESLEY CLOSE 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 1 WESLEY CLOSE 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
2022 10 JUN	£1,460,000	£852,743	71% above HPI
1998 11 FEB	£288,750	£188,634	53% above HPI

1 WESLEY CLOSE 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 1 WESLEY CLOSE sales from February 1998 and June 2022 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 February 1998 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the June 2022 sale, where it rises to 71% above the HPI. The line then continues to track at 71% above the HPI.

How Large is 1 WESLEY CLOSE?

1 WESLEY CLOSE is 136m², which includes three extensions, according to the EPC inspection conducted in January 2022. This puts it in the smallest 40% of detached houses in Reigate, based on EPC data. The below chart shows the distribution of detached houses by size in Reigate, and where 1 WESLEY CLOSE lies on this distribution: 33% of detached houses are smaller than 1 WESLEY CLOSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Reigate.

1 WESLEY CLOSE: Plot and Title Map

1 WESLEY CLOSE sits on a plot of roughly 0.216 of an acre, or 873m². The below map shows the location of 1 WESLEY CLOSE, 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 1 WESLEY CLOSE). 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 1 WESLEY CLOSE?

1 WESLEY CLOSE is located in REIGATE, in the RH2 postcode district. The below map shows the position of No. 1 on WESLEY CLOSE.