7, HEATHER CLOSE, REDHILL, RH1 2JL - £245,000

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.

7 HEATHER CLOSE is a very small semi-detached house of 85m², built sometime between 1991 and 1995, which could now be worth an estimated £613,163. It was last sold for £245,000 in October 2002, which was around 16% above the average October 2002 semi-detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was May 2024, where the current energy rating was D, and the potential energy rating was B.

7 HEATHER CLOSE Sold Prices

Land registry data shows three sales for 7 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. All of the three 7 HEATHER 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
2002 18 OCT	£245,000	£211,326	16% above HPI
1998 30 APR	£131,000	£110,950	18% above HPI
1995 26 JUL	£103,995	£85,408	22% above HPI

7 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 7 HEATHER CLOSE sales between July 1995 and October 2002 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 1998 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the October 2002 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 7 HEATHER CLOSE be worth now?

7 HEATHER CLOSE might now be worth an estimated £613,163.

This is based on house price inflation of 150.3%, between October 2002 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 150.3% inflationary increase is applied to the most recent sale price for 7 HEATHER CLOSE of £245,000 on 18th October 2002. For the value to have increased from £245,000 to £613,163 over the 23 years and eight months to February 2025, the following assumptions must hold true:

• The value of 7 HEATHER CLOSE has moved in line with the HPI for semi-detached houses in the Reigate and Banstead local authority area.
• The October 2002 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 7 HEATHER CLOSE has not materially changed since October 2002.

How Large is 7 HEATHER CLOSE?

7 HEATHER CLOSE is 85m² according to the EPC inspection conducted in May 2024. This puts it in the smallest 10% 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 7 HEATHER CLOSE lies on this distribution: 10% of semi-detached houses houses are smaller than 7 HEATHER CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Redhill.

7 HEATHER CLOSE: Plot and Title Map

7 HEATHER CLOSE sits on a plot of roughly 0.061 of an acre, or 245m². The below map shows the location of 7 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 7 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 7 HEATHER CLOSE?

7 HEATHER CLOSE is located in REDHILL, in the RH1 postcode district. The below map shows the position of No. 7 on HEATHER CLOSE.