40, WILMOTS CLOSE, REIGATE, RH2 0NP - £247,000

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.

40 WILMOTS CLOSE is a very small detached house of 73m², built sometime between 1967 and 1975, which could now be worth an estimated £554,176. It was last sold for £247,000 in November 2003, which was around 40% below the average November 2003 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

40 WILMOTS CLOSE Sold Prices

Land registry data shows one sale for 40 WILMOTS 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
2003 11 NOV	£247,000	£410,507	40% below HPI

What might 40 WILMOTS CLOSE be worth now?

40 WILMOTS CLOSE might now be worth an estimated £554,176.

This is based on house price inflation of 124.4%, between November 2003 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 124.4% inflationary increase is applied to the most recent sale price for 40 WILMOTS CLOSE of £247,000 on 11th November 2003. For the value to have increased from £247,000 to £554,176 over the 23 years and six months to May 2026, the following assumptions must hold true:

• The value of 40 WILMOTS CLOSE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The November 2003 sale price of £247,000 represented a fair market value for the property.
• The size, condition, and specification of 40 WILMOTS CLOSE has not materially changed since November 2003.

How Large is 40 WILMOTS CLOSE?

40 WILMOTS CLOSE is 73m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 10% of detached houses in Reigate, based on EPC data. The below chart shows the distribution of detached houses by size in Reigate, and where 40 WILMOTS CLOSE lies on this distribution: 2% of detached houses are smaller than 40 WILMOTS CLOSE, and 98% of detached houses are larger. Note that EPC data is not available for all properties in Reigate.

40 WILMOTS CLOSE: Plot

40 WILMOTS CLOSE sits on a plot of roughly 0.056 of an acre, or 227m².

Where is 40 WILMOTS CLOSE?

40 WILMOTS CLOSE is located in REIGATE, in the RH2 postcode district.