11, WILMOTS CLOSE, REIGATE, RH2 0NP - £447,000

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.

11 WILMOTS CLOSE is a very small terraced house of 60m², built sometime between 1976 and 1982, which could now be worth an estimated £463,362. It was last sold for £447,000 in September 2023, which was around 5% above the average September 2023 terraced price in the Reigate and Banstead local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

11 WILMOTS CLOSE Sold Prices

Land registry data shows three sales for 11 WILMOTS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Reigate and Banstead local authority area for the corresponding sale date. Two of the three 11 WILMOTS CLOSE sales were for above the average price, whilst one was 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
2023 7 SEP	£447,000	£426,424	5% above HPI
2022 8 APR	£405,000	£401,699	1% above HPI
2001 12 JAN	£60,000	£127,085	53% below HPI

11 WILMOTS CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Reigate and Banstead local authority area over time, sourced from the HPI. The three 11 WILMOTS CLOSE sales between January 2001 and September 2023 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 April 2022 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the September 2023 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 11 WILMOTS CLOSE be worth now?

11 WILMOTS CLOSE might now be worth an estimated £463,362.

This is based on house price inflation of 3.7%, between September 2023 and April 2026, for terraced 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 3.7% inflationary increase is applied to the most recent sale price for 11 WILMOTS CLOSE of £447,000 on 7th September 2023. For the value to have increased from £447,000 to £463,362 over the three years and five months to April 2026, the following assumptions must hold true:

• The value of 11 WILMOTS CLOSE has moved in line with the HPI for terraced houses in the Reigate and Banstead local authority area.
• The September 2023 sale price of £447,000 represented a fair market value for the property.
• The size, condition, and specification of 11 WILMOTS CLOSE has not materially changed since September 2023.

How Large is 11 WILMOTS CLOSE?

11 WILMOTS CLOSE is 60m² according to the EPC inspection conducted in March 2023. This puts it in the smallest 10% of terraced houses houses in Reigate, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Reigate, and where 11 WILMOTS CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 11 WILMOTS CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Reigate.

11 WILMOTS CLOSE: Plot and Title Map

11 WILMOTS CLOSE sits on a plot of roughly 0.032 of an acre, or 129m². The below map shows the location of 11 WILMOTS 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 11 WILMOTS 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 11 WILMOTS CLOSE?

11 WILMOTS CLOSE is located in REIGATE, in the RH2 postcode district. The below map shows the position of No. 11 on WILMOTS CLOSE.