21, THE CLOSE, REIGATE, RH2 7BN - £650,000

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.

21 THE CLOSE is a very small extended detached house of 113m², built sometime between 1967 and 1975, which could now be worth an estimated £751,652. It was last sold for £650,000 in November 2018, which was around 18% below the average November 2018 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was B.

21 THE CLOSE Sold Prices

Land registry data shows one sale for 21 THE 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
2018 14 NOV	£650,000	£796,466	18% below HPI

What might 21 THE CLOSE be worth now?

21 THE CLOSE might now be worth an estimated £751,652.

This is based on house price inflation of 15.6%, between November 2018 and May 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 15.6% inflationary increase is applied to the most recent sale price for 21 THE CLOSE of £650,000 on 14th November 2018. For the value to have increased from £650,000 to £751,652 over the eight years and six months to May 2026, the following assumptions must hold true:

• The value of 21 THE CLOSE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The November 2018 sale price of £650,000 represented a fair market value for the property.
• The size, condition, and specification of 21 THE CLOSE has not materially changed since November 2018.

How Large is 21 THE CLOSE?

21 THE CLOSE is 113m², which includes one extension, according to the EPC inspection conducted in April 2018. This puts it in the smallest 20% of detached houses in Reigate, based on EPC data. The below chart shows the distribution of detached houses by size in Reigate, and where 21 THE CLOSE lies on this distribution: 17% of detached houses are smaller than 21 THE CLOSE, and 83% of detached houses are larger. Note that EPC data is not available for all properties in Reigate.

21 THE CLOSE: Plot

21 THE CLOSE sits on a plot of roughly 0.151 of an acre, or 612m².

Where is 21 THE CLOSE?

21 THE CLOSE is located in REIGATE, in the RH2 postcode district.