11, THE CLOSE, REIGATE, RH2 7BN - £835,550

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.

11 THE CLOSE is a very small extended semi-detached house of 113m², built sometime between 1900 and 1929, which could now be worth an estimated £941,521. It was last sold for £835,550 in March 2021, which was around 78% above the average March 2021 semi-detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was October 2010, where the current energy rating was D, and the potential energy rating was D.

11 THE CLOSE Sold Prices

Land registry data shows three sales for 11 THE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Reigate and Banstead local authority area for the corresponding sale date. All of the three 11 THE CLOSE sales were for above 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
2021 1 MAR	£835,550	£469,359	78% above HPI
2018 13 SEP	£770,000	£460,909	67% above HPI
2007 29 JUN	£475,000	£294,059	62% above HPI

11 THE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Reigate and Banstead local authority area over time, sourced from the HPI. The three 11 THE CLOSE sales between June 2007 and March 2021 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 September 2018 sale was for 67% above the HPI. So the extrapolation line tracks at 67% above the HPI over time, until the March 2021 sale, where it rises to 78% above the HPI. The line then continues to track at 78% above the HPI.

What might 11 THE CLOSE be worth now?

11 THE CLOSE might now be worth an estimated £941,521.

This is based on house price inflation of 12.7%, between March 2021 and February 2025, for semi-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 12.7% inflationary increase is applied to the most recent sale price for 11 THE CLOSE of £835,550 on 1st March 2021. For the value to have increased from £835,550 to £941,521 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 11 THE CLOSE has moved in line with the HPI for semi-detached houses in the Reigate and Banstead local authority area.
• The March 2021 sale price of £835,550 represented a fair market value for the property.
• The size, condition, and specification of 11 THE CLOSE has not materially changed since March 2021.

How Large is 11 THE CLOSE?

11 THE CLOSE is 113m², which includes two extensions, according to the EPC inspection conducted in October 2010. This puts it in the smallest 20% of semi-detached houses houses in Reigate, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Reigate, and where 11 THE CLOSE lies on this distribution: 17% of semi-detached houses houses are smaller than 11 THE CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Reigate.

11 THE CLOSE: Plot and Title Map

11 THE CLOSE sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of 11 THE 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 THE 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 THE CLOSE?

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