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
2 HETHERSETT CLOSE is a large detached house of 207m², built sometime between 1991 and 1995. It was last sold for £335,000 in May 1998, which was around 70% above the average May 1998 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows two sales for 2 HETHERSETT CLOSE since 1st 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 2 HETHERSETT 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 |
---|---|---|---|
1998 29 MAY | £335,000 | £196,845 | 70% above HPI |
1995 4 AUG | £288,500 | £149,016 | 94% above HPI |
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 2 HETHERSETT CLOSE sales from August 1995 and May 1998 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 1995 sale was for 94% above the HPI. So the extrapolation line tracks at 94% above the HPI over time, until the May 1998 sale, where it falls to 70% above the HPI. The line then continues to track at 70% above the HPI.
2 HETHERSETT CLOSE is 207m² according to the EPC inspection conducted in May 2024. This puts it in the largest 30% of detached houses in Reigate, based on EPC data. The below chart shows the distribution of detached houses by size in Reigate, and where 2 HETHERSETT CLOSE lies on this distribution: 74% of detached houses are smaller than 2 HETHERSETT CLOSE, and 26% of houses are larger. Note that EPC data is not available for all properties in Reigate.
2 HETHERSETT CLOSE sits on a plot of roughly 0.214 of an acre, or 868m². The below map shows the location of 2 HETHERSETT 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 2 HETHERSETT 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.
2 HETHERSETT CLOSE is located in REIGATE, in the RH2 postcode district. The below map shows the position of No. 2 on HETHERSETT CLOSE.