7, WILMOTS CLOSE, REIGATE, RH2 0NP - £225,000

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.

7 WILMOTS CLOSE is a very small terraced house of 69m², built sometime between 1967 and 1975, which could now be worth an estimated £441,695. It was last sold for £225,000 in November 2008, which was around 3% above the average November 2008 terraced price in the Reigate and Banstead local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was B.

7 WILMOTS CLOSE Sold Prices

Land registry data shows one sale for 7 WILMOTS CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced 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
2008 7 NOV	£225,000	£219,039	3% above HPI

What might 7 WILMOTS CLOSE be worth now?

7 WILMOTS CLOSE might now be worth an estimated £441,695.

This is based on house price inflation of 96.3%, between November 2008 and May 2026, for terraced 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 96.3% inflationary increase is applied to the most recent sale price for 7 WILMOTS CLOSE of £225,000 on 7th November 2008. For the value to have increased from £225,000 to £441,695 over the eighteen years and six months to May 2026, the following assumptions must hold true:

• The value of 7 WILMOTS CLOSE has moved in line with the HPI for terraced houses in the Reigate and Banstead local authority area.
• The November 2008 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 7 WILMOTS CLOSE has not materially changed since November 2008.

How Large is 7 WILMOTS CLOSE?

7 WILMOTS CLOSE is 69m² according to the EPC inspection conducted in September 2018. This puts it in the smallest 20% of terraced houses in Reigate, based on EPC data. The below chart shows the distribution of terraced houses by size in Reigate, and where 7 WILMOTS CLOSE lies on this distribution: 11% of terraced houses are smaller than 7 WILMOTS CLOSE, and 88% of terraced houses are larger. Note that EPC data is not available for all properties in Reigate.

7 WILMOTS CLOSE: Plot

7 WILMOTS CLOSE sits on a plot of roughly 0.032 of an acre, or 128m².

Where is 7 WILMOTS CLOSE?

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