2, THE CLEARS, REIGATE, RH2 9JL - £600,000

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 THE CLEARS is a small extended semi-detached house of 127m², built sometime between 1930 and 1949, which could now be worth an estimated £716,149. It was last sold for £600,000 in July 2017, which was around 34% above the average July 2017 semi-detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was C.

2 THE CLEARS Sold Prices

Land registry data shows two sales for 2 THE CLEARS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Reigate and Banstead local authority area for the corresponding sale date. Both of the two 2 THE CLEARS 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
2017 18 JUL	£600,000	£446,329	34% above HPI
2002 14 AUG	£349,950	£200,930	74% above HPI

2 THE CLEARS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Reigate and Banstead local authority area over time, sourced from the HPI. The two 2 THE CLEARS sales from August 2002 and July 2017 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 2002 sale was for 74% above the HPI. So the extrapolation line tracks at 74% above the HPI over time, until the July 2017 sale, where it falls to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might 2 THE CLEARS be worth now?

2 THE CLEARS might now be worth an estimated £716,149.

This is based on house price inflation of 19.4%, between July 2017 and December 2024, for semi-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 19.4% inflationary increase is applied to the most recent sale price for 2 THE CLEARS of £600,000 on 18th July 2017. For the value to have increased from £600,000 to £716,149 over the six years and seven months to December 2024, the following assumptions must hold true:

• The value of 2 THE CLEARS has moved in line with the HPI for semi-detached houses in the Reigate and Banstead local authority area.
• The July 2017 sale price of £600,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE CLEARS has not materially changed since July 2017.

How Large is 2 THE CLEARS?

2 THE CLEARS is 127m², which includes two extensions, according to the EPC inspection conducted in October 2016. This puts it in the smallest 30% of semi-detached houses houses in Reigate, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Reigate, and where 2 THE CLEARS lies on this distribution: 26% of semi-detached houses houses are smaller than 2 THE CLEARS, and 73% of houses are larger. Note that EPC data is not available for all properties in Reigate.

2 THE CLEARS: Plot and Title Map

2 THE CLEARS sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of 2 THE CLEARS, 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 THE CLEARS). 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 THE CLEARS?

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