1B, HITHERWOOD CLOSE, REIGATE, RH2 0JJ - £865,000

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.

1B HITHERWOOD CLOSE is a large detached house of 163m², which could now be worth an estimated £971,019. It was last sold for £865,000 in March 2020, which was around 8% above the average March 2020 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was February 2016, where the current energy rating was B, and the potential energy rating was B.

1B HITHERWOOD CLOSE Sold Prices

Land registry data shows two sales for 1B HITHERWOOD 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. Both of the two 1B HITHERWOOD 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
2020 16 MAR	£865,000	£800,506	8% above HPI
2016 5 AUG	£850,000	£787,220	8% above HPI

1B HITHERWOOD 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 1B HITHERWOOD CLOSE sales from August 2016 and March 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 August 2016 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the March 2020 sale, which was also at 8% above the HPI.

What might 1B HITHERWOOD CLOSE be worth now?

1B HITHERWOOD CLOSE might now be worth an estimated £971,019.

This is based on house price inflation of 12.3%, between March 2020 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 12.3% inflationary increase is applied to the most recent sale price for 1B HITHERWOOD CLOSE of £865,000 on 16th March 2020. For the value to have increased from £865,000 to £971,019 over the five years and one month to February 2025, the following assumptions must hold true:

• The value of 1B HITHERWOOD CLOSE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The March 2020 sale price of £865,000 represented a fair market value for the property.
• The size, condition, and specification of 1B HITHERWOOD CLOSE has not materially changed since March 2020.

How Large is 1B HITHERWOOD CLOSE?

1B HITHERWOOD CLOSE is 163m² according to the EPC inspection conducted in February 2016. This puts it in the largest 30% of detached houses houses in Redhill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Redhill, and where 1B HITHERWOOD CLOSE lies on this distribution: 72% of detached houses houses are smaller than 1B HITHERWOOD CLOSE, and 27% of houses are larger. Note that EPC data is not available for all properties in Redhill.

1B HITHERWOOD CLOSE: Plot and Title Map

1B HITHERWOOD CLOSE sits on a plot of roughly 0.162 of an acre, or 655m². The below map shows the location of 1B HITHERWOOD 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 1B HITHERWOOD 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 1B HITHERWOOD CLOSE?

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