2, HETHERSETT CLOSE, REIGATE, RH2 0HQ - £335,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 HETHERSETT CLOSE is a large detached house of 207m², built sometime between 1991 and 1995, which could now be worth an estimated £1,458,064. It was last sold for £335,000 in May 1998, which was around 62% 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.

2 HETHERSETT CLOSE Sold Prices

Land registry data shows two sales for 2 HETHERSETT 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 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	£206,464	62% above HPI
1995 4 AUG	£288,500	£156,297	85% above HPI

2 HETHERSETT 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 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 85% above the HPI. So the extrapolation line tracks at 85% above the HPI over time, until the May 1998 sale, where it falls to 62% above the HPI. The line then continues to track at 62% above the HPI.

What might 2 HETHERSETT CLOSE be worth now?

2 HETHERSETT CLOSE might now be worth an estimated £1,458,064.

This is based on house price inflation of 335.2%, between May 1998 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 335.2% inflationary increase is applied to the most recent sale price for 2 HETHERSETT CLOSE of £335,000 on 29th May 1998. For the value to have increased from £335,000 to £1,458,064 over the 27 years and three months to February 2025, the following assumptions must hold true:

• The value of 2 HETHERSETT CLOSE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The May 1998 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of 2 HETHERSETT CLOSE has not materially changed since May 1998.

How Large is 2 HETHERSETT CLOSE?

2 HETHERSETT CLOSE is 207m² according to the EPC inspection conducted in May 2024. This puts it in the largest 30% of detached houses houses in Reigate, based on EPC data. The below chart shows the distribution of detached houses houses by size in Reigate, and where 2 HETHERSETT CLOSE lies on this distribution: 73% of detached houses houses are smaller than 2 HETHERSETT CLOSE, and 27% of houses are larger. Note that EPC data is not available for all properties in Reigate.

2 HETHERSETT CLOSE: Plot and Title Map

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.

Where is 2 HETHERSETT CLOSE?

2 HETHERSETT CLOSE is located in REIGATE, in the RH2 postcode district. The below map shows the position of No. 2 on HETHERSETT CLOSE.