2, CARTMEL CLOSE, REIGATE, RH2 0LS - £550,000

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 CARTMEL CLOSE is a large extended detached house of 149m², built sometime between 1950 and 1966, which could now be worth an estimated £974,308. It was last sold for £550,000 in September 2011, which was around 3% above the average September 2011 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was March 2011, where the current energy rating was E, and the potential energy rating was D.

2 CARTMEL CLOSE Sold Prices

Land registry data shows one sale for 2 CARTMEL CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2011 28 SEP	£550,000	£535,623	3% above HPI

What might 2 CARTMEL CLOSE be worth now?

2 CARTMEL CLOSE might now be worth an estimated £974,308.

This is based on house price inflation of 77.1%, between September 2011 and April 2026, 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 77.1% inflationary increase is applied to the most recent sale price for 2 CARTMEL CLOSE of £550,000 on 28th September 2011. For the value to have increased from £550,000 to £974,308 over the fifteen years and five months to April 2026, the following assumptions must hold true:

• The value of 2 CARTMEL CLOSE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The September 2011 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CARTMEL CLOSE has not materially changed since September 2011.

How Large is 2 CARTMEL CLOSE?

2 CARTMEL CLOSE is 149m², which includes one extension, according to the EPC inspection conducted in March 2011. This puts it in the largest 40% of detached houses in Redhill, based on EPC data. The below chart shows the distribution of detached houses by size in Redhill, and where 2 CARTMEL CLOSE lies on this distribution: 65% of detached houses are smaller than 2 CARTMEL CLOSE, and 35% of detached houses are larger. Note that EPC data is not available for all properties in Redhill.

2 CARTMEL CLOSE: Plot

2 CARTMEL CLOSE sits on a plot of roughly 0.184 of an acre, or 743m².

Where is 2 CARTMEL CLOSE?

2 CARTMEL CLOSE is located in REIGATE, in the RH2 postcode district.