3, BLACKBOROUGH CLOSE, REIGATE, RH2 7BZ - £1,510,000

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

3 BLACKBOROUGH CLOSE is a very large extended detached house of 391m², built sometime between 1900 and 1929, which could now be worth an estimated £2,505,233. It was last sold for £1,510,000 in May 2008, which was around 178% above the average May 2008 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was December 2018, where the current energy rating was D, and the potential energy rating was C.

3 BLACKBOROUGH CLOSE Sold Prices

Land registry data shows two sales for 3 BLACKBOROUGH 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 Reigate and Banstead local authority area for the corresponding sale date. Both of the two 3 BLACKBOROUGH 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
2008 23 MAY	£1,510,000	£543,902	178% above HPI
2003 15 OCT	£940,000	£415,284	126% above HPI

3 BLACKBOROUGH 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 two 3 BLACKBOROUGH CLOSE sales from October 2003 and May 2008 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 October 2003 sale was for 126% above the HPI. So the extrapolation line tracks at 126% above the HPI over time, until the May 2008 sale, where it rises to 178% above the HPI. The line then continues to track at 178% above the HPI.

What might 3 BLACKBOROUGH CLOSE be worth now?

3 BLACKBOROUGH CLOSE might now be worth an estimated £2,505,233.

This is based on house price inflation of 65.9%, between May 2008 and December 2024, 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 65.9% inflationary increase is applied to the most recent sale price for 3 BLACKBOROUGH CLOSE of £1,510,000 on 23rd May 2008. For the value to have increased from £1,510,000 to £2,505,233 over the fifteen years and five months to December 2024, the following assumptions must hold true:

• The value of 3 BLACKBOROUGH CLOSE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The May 2008 sale price of £1,510,000 represented a fair market value for the property.
• The size, condition, and specification of 3 BLACKBOROUGH CLOSE has not materially changed since May 2008.

How Large is 3 BLACKBOROUGH CLOSE?

3 BLACKBOROUGH CLOSE is 391m², which includes two extensions, according to the EPC inspection conducted in December 2018. This puts it in the largest 10% of detached houses houses in Reigate, based on EPC data. The below chart shows the distribution of detached houses houses by size in Reigate, and where 3 BLACKBOROUGH CLOSE lies on this distribution: 97% of detached houses houses are smaller than 3 BLACKBOROUGH CLOSE, and 3% of houses are larger. Note that EPC data is not available for all properties in Reigate.

3 BLACKBOROUGH CLOSE: Plot and Title Map

3 BLACKBOROUGH CLOSE sits on a plot of roughly 0.554 of an acre, or 2,242m². The below map shows the location of 3 BLACKBOROUGH 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 3 BLACKBOROUGH 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 3 BLACKBOROUGH CLOSE?

3 BLACKBOROUGH CLOSE is located in REIGATE, in the RH2 postcode district. The below map shows the position of No. 3 on BLACKBOROUGH CLOSE.