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

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 WILMOTS CLOSE is a large extended detached house of 186m², built sometime between 1967 and 1975. It was last sold for £1,250,000 in May 2022, which was around 47% 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	£849,692	47% above HPI
2018 20 JUL	£535,000	£773,792	31% 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 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the May 2022 sale, where it rises to 47% above the HPI. The line then continues to track at 47% above the HPI.

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 in Reigate, based on EPC data. The below chart shows the distribution of detached houses by size in Reigate, and where 1 WILMOTS CLOSE lies on this distribution: 64% of detached houses are smaller than 1 WILMOTS CLOSE, and 35% 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.