16, WILMOTS CLOSE, REIGATE, RH2 0NP - £242,000

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.

16 WILMOTS CLOSE is a very small terraced house of 73m², built sometime between 1950 and 1966, which could now be worth an estimated £511,886. It was last sold for £242,000 in September 2005, which was around 16% above the average September 2005 terraced price in the Reigate and Banstead local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

16 WILMOTS CLOSE Sold Prices

Land registry data shows four sales for 16 WILMOTS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Reigate and Banstead local authority area for the corresponding sale date. All of the four 16 WILMOTS 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
2005 23 SEP	£242,000	£208,976	16% above HPI
2002 19 APR	£185,000	£148,505	25% above HPI
1997 31 JUL	£89,950	£79,201	14% above HPI
1995 6 FEB	£70,550	£66,866	6% above HPI

16 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 four 16 WILMOTS CLOSE sales between February 1995 and September 2005 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 2002 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the September 2005 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 16 WILMOTS CLOSE be worth now?

16 WILMOTS CLOSE might now be worth an estimated £511,886.

This is based on house price inflation of 111.5%, between September 2005 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 111.5% inflationary increase is applied to the most recent sale price for 16 WILMOTS CLOSE of £242,000 on 23rd September 2005. For the value to have increased from £242,000 to £511,886 over the 21 years and five months to April 2026, the following assumptions must hold true:

• The value of 16 WILMOTS CLOSE has moved in line with the HPI for terraced houses in the Reigate and Banstead local authority area.
• The September 2005 sale price of £242,000 represented a fair market value for the property.
• The size, condition, and specification of 16 WILMOTS CLOSE has not materially changed since September 2005.

How Large is 16 WILMOTS CLOSE?

16 WILMOTS CLOSE is 73m² according to the EPC inspection conducted in June 2014. 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 16 WILMOTS CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 16 WILMOTS CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Reigate.

16 WILMOTS CLOSE: Plot and Title Map

16 WILMOTS CLOSE sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 16 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 16 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 16 WILMOTS CLOSE?

16 WILMOTS CLOSE is located in REIGATE, in the RH2 postcode district. The below map shows the position of No. 16 on WILMOTS CLOSE.