4, FAIRFORD CLOSE, REIGATE, RH2 0EY - £630,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 FAIRFORD CLOSE is a small extended detached house of 138m², built sometime between 1976 and 1982, which could now be worth an estimated £1,234,398. It was last sold for £630,000 in August 2006, which was around 37% above the average August 2006 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was April 2019, where the current energy rating was C, and the potential energy rating was B.

4 FAIRFORD CLOSE Sold Prices

Land registry data shows two sales for 4 FAIRFORD 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 4 FAIRFORD 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
2006 15 AUG	£630,000	£458,629	37% above HPI
1999 5 FEB	£285,000	£218,565	30% above HPI

4 FAIRFORD 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 4 FAIRFORD CLOSE sales from February 1999 and August 2006 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 February 1999 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the August 2006 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might 4 FAIRFORD CLOSE be worth now?

4 FAIRFORD CLOSE might now be worth an estimated £1,234,398.

This is based on house price inflation of 95.9%, between August 2006 and February 2025, 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 95.9% inflationary increase is applied to the most recent sale price for 4 FAIRFORD CLOSE of £630,000 on 15th August 2006. For the value to have increased from £630,000 to £1,234,398 over the nineteen years and six months to February 2025, the following assumptions must hold true:

• The value of 4 FAIRFORD CLOSE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The August 2006 sale price of £630,000 represented a fair market value for the property.
• The size, condition, and specification of 4 FAIRFORD CLOSE has not materially changed since August 2006.

How Large is 4 FAIRFORD CLOSE?

4 FAIRFORD CLOSE is 138m², which includes one extension, according to the EPC inspection conducted in April 2019. This puts it in the smallest 40% 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 4 FAIRFORD CLOSE lies on this distribution: 33% of detached houses houses are smaller than 4 FAIRFORD CLOSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Reigate.

4 FAIRFORD CLOSE: Plot and Title Map

4 FAIRFORD CLOSE sits on a plot of roughly 0.148 of an acre, or 598m². The below map shows the location of 4 FAIRFORD 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 4 FAIRFORD 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 4 FAIRFORD CLOSE?

4 FAIRFORD CLOSE is located in REIGATE, in the RH2 postcode district. The below map shows the position of No. 4 on FAIRFORD CLOSE.