2, HEATHER CLOSE, REDHILL, RH1 2JL - £425,000

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 HEATHER CLOSE is a midsized semi-detached house of 141m², built sometime between 1930 and 1949, which could now be worth an estimated £432,778. It was last sold for £425,000 in November 2023, which was around 18% below the average November 2023 semi-detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was May 2015, where the current energy rating was E, and the potential energy rating was B.

2 HEATHER CLOSE Sold Prices

Land registry data shows three sales for 2 HEATHER CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Reigate and Banstead local authority area for the corresponding sale date. Two of the three 2 HEATHER CLOSE sales were for below the average price, whilst one was 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
2023 30 NOV	£425,000	£519,382	18% below HPI
2011 21 JAN	£277,500	£296,601	6% below HPI
1995 25 AUG	£89,995	£85,910	5% above HPI

2 HEATHER CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Reigate and Banstead local authority area over time, sourced from the HPI. The three 2 HEATHER CLOSE sales between August 1995 and November 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 January 2011 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the November 2023 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 2 HEATHER CLOSE be worth now?

2 HEATHER CLOSE might now be worth an estimated £432,778.

This is based on house price inflation of 1.8%, between November 2023 and February 2025, for semi-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 1.8% inflationary increase is applied to the most recent sale price for 2 HEATHER CLOSE of £425,000 on 30th November 2023. For the value to have increased from £425,000 to £432,778 over the two years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 HEATHER CLOSE has moved in line with the HPI for semi-detached houses in the Reigate and Banstead local authority area.
• The November 2023 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 2 HEATHER CLOSE has not materially changed since November 2023.

How Large is 2 HEATHER CLOSE?

2 HEATHER CLOSE is 141m² according to the EPC inspection conducted in May 2015. This puts it in the largest 50% of semi-detached houses houses in Redhill, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Redhill, and where 2 HEATHER CLOSE lies on this distribution: 58% of semi-detached houses houses are smaller than 2 HEATHER CLOSE, and 41% of houses are larger. Note that EPC data is not available for all properties in Redhill.

2 HEATHER CLOSE: Plot and Title Map

2 HEATHER CLOSE sits on a plot of roughly 0.049 of an acre, or 198m². The below map shows the location of 2 HEATHER 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 2 HEATHER 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 2 HEATHER CLOSE?

2 HEATHER CLOSE is located in REDHILL, in the RH1 postcode district. The below map shows the position of No. 2 on HEATHER CLOSE.