1, WILMOTS CLOSE, REIGATE, RH2 0NP - £1,250,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 WILMOTS CLOSE is a large extended detached house of 186m², built sometime between 1967 and 1975, which could now be worth an estimated £1,260,390. It was last sold for £1,250,000 in May 2022, which was around 40% above the average May 2022 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.

1 WILMOTS CLOSE Sold Prices

Land registry data shows two sales for 1 WILMOTS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. One of the two 1 WILMOTS CLOSE sales was for above the average price, whilst the other was for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 27 MAY	£1,250,000	£891,212	40% above HPI
2018 20 JUL	£535,000	£811,604	34% below HPI

1 WILMOTS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Reigate and Banstead local authority area over time, sourced from the HPI. The two 1 WILMOTS CLOSE sales from July 2018 and May 2022 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the July 2018 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the May 2022 sale, where it rises to 40% above the HPI. The line then continues to track at 40% above the HPI.

What might 1 WILMOTS CLOSE be worth now?

1 WILMOTS CLOSE might now be worth an estimated £1,260,390.

This is based on house price inflation of 0.8%, between May 2022 and February 2025, 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 0.8% inflationary increase is applied to the most recent sale price for 1 WILMOTS CLOSE of £1,250,000 on 27th May 2022. For the value to have increased from £1,250,000 to £1,260,390 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of 1 WILMOTS CLOSE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The May 2022 sale price of £1,250,000 represented a fair market value for the property.
• The size, condition, and specification of 1 WILMOTS CLOSE has not materially changed since May 2022.

How Large is 1 WILMOTS CLOSE?

1 WILMOTS CLOSE is 186m², which includes three extensions, according to the EPC inspection conducted in September 2021. This puts it in the largest 40% of detached houses houses in Reigate, based on EPC data. The below chart shows the distribution of detached houses houses by size in Reigate, and where 1 WILMOTS CLOSE lies on this distribution: 63% of detached houses houses are smaller than 1 WILMOTS CLOSE, and 36% of houses are larger. Note that EPC data is not available for all properties in Reigate.

1 WILMOTS CLOSE: Plot and Title Map

1 WILMOTS CLOSE sits on a plot of roughly 0.098 of an acre, or 397m². The below map shows the location of 1 WILMOTS CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 WILMOTS CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 WILMOTS CLOSE?

1 WILMOTS CLOSE is located in REIGATE, in the RH2 postcode district. The below map shows the position of No. 1 on WILMOTS CLOSE.