9, WESLEY CLOSE, REIGATE, RH2 8JS - £1,050,000

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.

9 WESLEY CLOSE is a midsized detached house of 155m², built sometime between 1983 and 1990, which could now be worth an estimated £1,202,901. It was last sold for £1,050,000 in January 2020, which was around 34% above the average January 2020 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was C.

9 WESLEY CLOSE Sold Prices

Land registry data shows two sales for 9 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 9 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
2020 21 JAN	£1,050,000	£784,396	34% above HPI
1999 5 MAY	£340,000	£220,934	54% above HPI

9 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 9 WESLEY CLOSE sales from May 1999 and January 2020 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 May 1999 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the January 2020 sale, where it falls to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might 9 WESLEY CLOSE be worth now?

9 WESLEY CLOSE might now be worth an estimated £1,202,901.

This is based on house price inflation of 14.6%, between January 2020 and February 2025, for 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 14.6% inflationary increase is applied to the most recent sale price for 9 WESLEY CLOSE of £1,050,000 on 21st January 2020. For the value to have increased from £1,050,000 to £1,202,901 over the four years and eleven months to February 2025, the following assumptions must hold true:

• The value of 9 WESLEY CLOSE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The January 2020 sale price of £1,050,000 represented a fair market value for the property.
• The size, condition, and specification of 9 WESLEY CLOSE has not materially changed since January 2020.

How Large is 9 WESLEY CLOSE?

9 WESLEY CLOSE is 155m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 50% of detached houses houses in Reigate, based on EPC data. The below chart shows the distribution of detached houses houses by size in Reigate, and where 9 WESLEY CLOSE lies on this distribution: 46% of detached houses houses are smaller than 9 WESLEY CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Reigate.

9 WESLEY CLOSE: Plot and Title Map

9 WESLEY CLOSE sits on a plot of roughly 0.178 of an acre, or 719m². The below map shows the location of 9 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 9 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 9 WESLEY CLOSE?

9 WESLEY CLOSE is located in REIGATE, in the RH2 postcode district. The below map shows the position of No. 9 on WESLEY CLOSE.