2, SUSSEX CLOSE, REIGATE, RH2 7DL - £857,000

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 SUSSEX CLOSE is a small detached house of 132m², built sometime between 1950 and 1966. It was last sold for £857,000 in February 2021, which was around 9% above the average February 2021 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was February 2020, where the current energy rating was E, and the potential energy rating was C.

2 SUSSEX CLOSE Sold Prices

Land registry data shows three sales for 2 SUSSEX 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 SUSSEX 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 11 FEB	£857,000	£788,381	9% above HPI
2000 29 AUG	£355,000	£288,235	23% above HPI
1997 16 APR	£200,000	£161,385	24% above HPI

2 SUSSEX 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 SUSSEX CLOSE sales between April 1997 and February 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 August 2000 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the February 2021 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 2 SUSSEX CLOSE?

2 SUSSEX CLOSE is 132m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 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 SUSSEX CLOSE lies on this distribution: 29% of detached houses are smaller than 2 SUSSEX CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Reigate.

2 SUSSEX CLOSE: Plot and Title Map

2 SUSSEX CLOSE sits on a plot of roughly 0.242 of an acre, or 980m². The below map shows the location of 2 SUSSEX 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 SUSSEX 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 SUSSEX CLOSE?

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