17, WILMOTS CLOSE, REIGATE, RH2 0NP - £430,000

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.

17 WILMOTS CLOSE is a very small semi-detached house of 78m², built sometime between 1967 and 1975, which could now be worth an estimated £501,002. It was last sold for £430,000 in October 2019, which was around 5% below the average October 2019 semi-detached 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.

17 WILMOTS CLOSE Sold Prices

Land registry data shows two sales for 17 WILMOTS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Reigate and Banstead local authority area for the corresponding sale date. Both of the two 17 WILMOTS CLOSE sales were 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
2019 10 OCT	£430,000	£453,933	5% below HPI
1997 19 DEC	£41,500	£108,772	62% below HPI

17 WILMOTS 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 two 17 WILMOTS CLOSE sales from December 1997 and October 2019 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 December 1997 sale was for 62% below the HPI. So the extrapolation line tracks at 62% below the HPI over time, until the October 2019 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 17 WILMOTS CLOSE be worth now?

17 WILMOTS CLOSE might now be worth an estimated £501,002.

This is based on house price inflation of 16.5%, between October 2019 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 16.5% inflationary increase is applied to the most recent sale price for 17 WILMOTS CLOSE of £430,000 on 10th October 2019. For the value to have increased from £430,000 to £501,002 over the six years and eight months to February 2025, the following assumptions must hold true:

• The value of 17 WILMOTS CLOSE has moved in line with the HPI for semi-detached houses in the Reigate and Banstead local authority area.
• The October 2019 sale price of £430,000 represented a fair market value for the property.
• The size, condition, and specification of 17 WILMOTS CLOSE has not materially changed since October 2019.

How Large is 17 WILMOTS CLOSE?

17 WILMOTS CLOSE is 78m² according to the EPC inspection conducted in September 2018. This puts it in the smallest 10% 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 17 WILMOTS CLOSE lies on this distribution: 3% of semi-detached houses houses are smaller than 17 WILMOTS CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Reigate.

17 WILMOTS CLOSE: Plot and Title Map

17 WILMOTS CLOSE sits on a plot of roughly 0.045 of an acre, or 181m². The below map shows the location of 17 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 17 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 17 WILMOTS CLOSE?

17 WILMOTS CLOSE is located in REIGATE, in the RH2 postcode district. The below map shows the position of No. 17 on WILMOTS CLOSE.