2, HITHERWOOD CLOSE, REIGATE, RH2 0JJ - £1,200,000

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 HITHERWOOD CLOSE is a very large detached house of 243m². It was last sold for £1,200,000 in August 2021, which was around 53% above the average August 2021 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was June 2018, where the current energy rating was B, and the potential energy rating was B.

2 HITHERWOOD CLOSE Sold Prices

Land registry data shows three sales for 2 HITHERWOOD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. All of the three 2 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
2021 20 AUG	£1,200,000	£785,143	53% above HPI
2018 14 NOV	£960,000	£759,360	26% above HPI
2015 1 DEC	£850,000	£700,556	21% above HPI

2 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 three 2 HITHERWOOD CLOSE sales between December 2015 and August 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 November 2018 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the August 2021 sale, where it rises to 53% above the HPI. The line then continues to track at 53% above the HPI.

How Large is 2 HITHERWOOD CLOSE?

2 HITHERWOOD CLOSE is 243m² according to the EPC inspection conducted in June 2018. This puts it in the largest 10% of detached houses in Redhill, based on EPC data. The below chart shows the distribution of detached houses by size in Redhill, and where 2 HITHERWOOD CLOSE lies on this distribution: 93% of detached houses are smaller than 2 HITHERWOOD CLOSE, and 7% of houses are larger. Note that EPC data is not available for all properties in Redhill.

2 HITHERWOOD CLOSE: Plot and Title Map

2 HITHERWOOD CLOSE sits on a plot of roughly 0.170 of an acre, or 688m². The below map shows the location of 2 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 2 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 2 HITHERWOOD CLOSE?

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