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

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.

2 HITHERWOOD CLOSE is a very large detached house of 243m², which could now be worth an estimated £1,309,450. It was last sold for £1,200,000 in August 2021, which was around 46% 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	£823,509	46% above HPI
2018 14 NOV	£960,000	£796,466	21% above HPI
2015 1 DEC	£850,000	£734,788	16% 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 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the August 2021 sale, where it rises to 46% above the HPI. The line then continues to track at 46% above the HPI.

What might 2 HITHERWOOD CLOSE be worth now?

2 HITHERWOOD CLOSE might now be worth an estimated £1,309,450.

This is based on house price inflation of 9.1%, between August 2021 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 9.1% inflationary increase is applied to the most recent sale price for 2 HITHERWOOD CLOSE of £1,200,000 on 20th August 2021. For the value to have increased from £1,200,000 to £1,309,450 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of 2 HITHERWOOD CLOSE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The August 2021 sale price of £1,200,000 represented a fair market value for the property.
• The size, condition, and specification of 2 HITHERWOOD CLOSE has not materially changed since August 2021.

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 houses in Redhill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Redhill, and where 2 HITHERWOOD CLOSE lies on this distribution: 93% of detached houses 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.