3, HAREWOOD CLOSE, REIGATE, RH2 0HE - £1,450,000

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

3 HAREWOOD CLOSE is a large extended detached house of 190m², built sometime between 1950 and 1966. It was last sold for £1,450,000 in December 2022, which was around 60% above the average December 2022 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was C.

3 HAREWOOD CLOSE Sold Prices

Land registry data shows three sales for 3 HAREWOOD 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 3 HAREWOOD 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
2022 20 DEC	£1,450,000	£906,408	60% above HPI
2015 17 DEC	£805,000	£700,556	15% above HPI
1999 14 OCT	£280,000	£242,492	15% above HPI

3 HAREWOOD 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 3 HAREWOOD CLOSE sales between October 1999 and December 2022 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 2015 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the December 2022 sale, where it rises to 60% above the HPI. The line then continues to track at 60% above the HPI.

How Large is 3 HAREWOOD CLOSE?

3 HAREWOOD CLOSE is 190m², which includes one extension, according to the EPC inspection conducted in August 2022. This puts it in the largest 40% of detached houses in Reigate, based on EPC data. The below chart shows the distribution of detached houses by size in Reigate, and where 3 HAREWOOD CLOSE lies on this distribution: 66% of detached houses are smaller than 3 HAREWOOD CLOSE, and 34% of houses are larger. Note that EPC data is not available for all properties in Reigate.

3 HAREWOOD CLOSE: Plot and Title Map

3 HAREWOOD CLOSE sits on a plot of roughly 0.295 of an acre, or 1,193m². The below map shows the location of 3 HAREWOOD 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 HAREWOOD 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 HAREWOOD CLOSE?

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