3, RIDGEGATE CLOSE, REIGATE, RH2 0HT - £699,304

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.

3 RIDGEGATE CLOSE is a very small detached house of 111m², built sometime between 1930 and 1949, which could now be worth an estimated £878,892. It was last sold for £699,304 in February 2016, which was around 7% below the average February 2016 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

3 RIDGEGATE CLOSE Sold Prices

Land registry data shows one sale for 3 RIDGEGATE 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
2016 5 FEB	£699,304	£754,959	7% below HPI

What might 3 RIDGEGATE CLOSE be worth now?

3 RIDGEGATE CLOSE might now be worth an estimated £878,892.

This is based on house price inflation of 25.7%, between February 2016 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 25.7% inflationary increase is applied to the most recent sale price for 3 RIDGEGATE CLOSE of £699,304 on 5th February 2016. For the value to have increased from £699,304 to £878,892 over the nine years and ten months to April 2026, the following assumptions must hold true:

• The value of 3 RIDGEGATE CLOSE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The February 2016 sale price of £699,304 represented a fair market value for the property.
• The size, condition, and specification of 3 RIDGEGATE CLOSE has not materially changed since February 2016.

How Large is 3 RIDGEGATE CLOSE?

3 RIDGEGATE CLOSE is 111m² according to the EPC inspection conducted in July 2015. 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 3 RIDGEGATE CLOSE lies on this distribution: 16% of detached houses are smaller than 3 RIDGEGATE CLOSE, and 83% of detached houses are larger. Note that EPC data is not available for all properties in Reigate.

3 RIDGEGATE CLOSE: Plot

3 RIDGEGATE CLOSE sits on a plot of roughly 0.126 of an acre, or 511m².

Where is 3 RIDGEGATE CLOSE?

3 RIDGEGATE CLOSE is located in REIGATE, in the RH2 postcode district.