11, CARTMEL CLOSE, REIGATE, RH2 0LS - £750,000

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

11 CARTMEL CLOSE is a midsized extended detached house of 142m², built sometime between 1967 and 1975. It was last sold for £750,000 in November 2020, which was around 8% below the average November 2020 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was C.

11 CARTMEL CLOSE Sold Prices

Land registry data shows two sales for 11 CARTMEL 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 11 CARTMEL CLOSE sales was for below the average price, whilst the other was roughly equal to 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
2020 24 NOV	£750,000	£813,243	8% below HPI
2004 27 FEB	£395,000	£394,660	Close to HPI

11 CARTMEL 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 11 CARTMEL CLOSE sales from February 2004 and November 2020 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 February 2004 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the November 2020 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 11 CARTMEL CLOSE?

11 CARTMEL CLOSE is 142m², which includes one extension, according to the EPC inspection conducted in July 2019. This puts it in the largest 50% of detached houses in Redhill, based on EPC data. The below chart shows the distribution of detached houses by size in Redhill, and where 11 CARTMEL CLOSE lies on this distribution: 59% of detached houses are smaller than 11 CARTMEL CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Redhill.

11 CARTMEL CLOSE: Plot and Title Map

11 CARTMEL CLOSE sits on a plot of roughly 0.206 of an acre, or 834m². The below map shows the location of 11 CARTMEL 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 11 CARTMEL 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 11 CARTMEL CLOSE?

11 CARTMEL CLOSE is located in REIGATE, in the RH2 postcode district. The below map shows the position of No. 11 on CARTMEL CLOSE.