2, REIGATE CLOSE, CRAWLEY, RH10 3TZ - £365,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 REIGATE CLOSE is a very small extended detached house of 75m², built sometime between 1976 and 1982. It was last sold for £365,000 in August 2019, which was around 34% below the average August 2019 detached price in the Crawley local authority area. The most recent EPC inspection was July 2019, where the current energy rating was E, and the potential energy rating was B.

2 REIGATE CLOSE Sold Prices

Land registry data shows two sales for 2 REIGATE 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 Crawley local authority area for the corresponding sale date. Both of the two 2 REIGATE CLOSE sales were for below 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
2019 16 AUG	£365,000	£550,500	34% below HPI
2005 22 DEC	£225,000	£319,130	29% below HPI

2 REIGATE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Crawley local authority area over time, sourced from the HPI. The two 2 REIGATE CLOSE sales from December 2005 and August 2019 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 December 2005 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the August 2019 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 2 REIGATE CLOSE?

2 REIGATE CLOSE is 75m², which includes one extension, according to the EPC inspection conducted in July 2019. This puts it in the smallest 10% of detached houses in Crawley, based on EPC data. The below chart shows the distribution of detached houses by size in Crawley, and where 2 REIGATE CLOSE lies on this distribution: 4% of detached houses are smaller than 2 REIGATE CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Crawley.

2 REIGATE CLOSE: Plot and Title Map

2 REIGATE CLOSE sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 2 REIGATE 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 REIGATE 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 REIGATE CLOSE?

2 REIGATE CLOSE is located in CRAWLEY, in the RH10 postcode district. The below map shows the position of No. 2 on REIGATE CLOSE.