24, THE CLOSE, REIGATE, RH2 7BN - £387,500

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.

24 THE CLOSE is a very small detached house of 102m², built sometime between 1950 and 1966, which could now be worth an estimated £749,284. It was last sold for £387,500 in October 2009, which was around 19% below the average October 2009 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was March 2009, where the current energy rating was E, and the potential energy rating was C.

24 THE CLOSE Sold Prices

Land registry data shows one sale for 24 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
2009 19 OCT	£387,500	£476,317	19% below HPI

What might 24 THE CLOSE be worth now?

24 THE CLOSE might now be worth an estimated £749,284.

This is based on house price inflation of 93.4%, between October 2009 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 93.4% inflationary increase is applied to the most recent sale price for 24 THE CLOSE of £387,500 on 19th October 2009. For the value to have increased from £387,500 to £749,284 over the seventeen years and five months to May 2026, the following assumptions must hold true:

• The value of 24 THE CLOSE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The October 2009 sale price of £387,500 represented a fair market value for the property.
• The size, condition, and specification of 24 THE CLOSE has not materially changed since October 2009.

How Large is 24 THE CLOSE?

24 THE CLOSE is 102m² according to the EPC inspection conducted in March 2009. 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 24 THE CLOSE lies on this distribution: 11% of detached houses are smaller than 24 THE CLOSE, and 89% of detached houses are larger. Note that EPC data is not available for all properties in Reigate.

24 THE CLOSE: Plot

24 THE CLOSE sits on a plot of roughly 0.129 of an acre, or 521m².

Where is 24 THE CLOSE?

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