5, HETHERSETT CLOSE, REIGATE, RH2 0HQ - £489,000

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

5 HETHERSETT CLOSE is a large detached house of 214m², built sometime between 1991 and 1995, which could now be worth an estimated £1,310,329. It was last sold for £489,000 in January 2002, which was around 45% above the average January 2002 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was November 2012, where the current energy rating was D, and the potential energy rating was C.

5 HETHERSETT CLOSE Sold Prices

Land registry data shows three sales for 5 HETHERSETT 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 5 HETHERSETT 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
2002 3 JAN	£489,000	£336,760	45% above HPI
1999 24 SEP	£395,000	£247,061	60% above HPI
1996 27 SEP	£298,000	£162,136	84% above HPI

5 HETHERSETT 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 5 HETHERSETT CLOSE sales between September 1996 and January 2002 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 September 1999 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the January 2002 sale, where it falls to 45% above the HPI. The line then continues to track at 45% above the HPI.

What might 5 HETHERSETT CLOSE be worth now?

5 HETHERSETT CLOSE might now be worth an estimated £1,310,329.

This is based on house price inflation of 168%, between January 2002 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 168% inflationary increase is applied to the most recent sale price for 5 HETHERSETT CLOSE of £489,000 on 3rd January 2002. For the value to have increased from £489,000 to £1,310,329 over the 21 years and one month to December 2024, the following assumptions must hold true:

• The value of 5 HETHERSETT CLOSE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The January 2002 sale price of £489,000 represented a fair market value for the property.
• The size, condition, and specification of 5 HETHERSETT CLOSE has not materially changed since January 2002.

How Large is 5 HETHERSETT CLOSE?

5 HETHERSETT CLOSE is 214m² according to the EPC inspection conducted in November 2012. This puts it in the largest 30% 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 5 HETHERSETT CLOSE lies on this distribution: 76% of detached houses houses are smaller than 5 HETHERSETT CLOSE, and 24% of houses are larger. Note that EPC data is not available for all properties in Reigate.

5 HETHERSETT CLOSE: Plot and Title Map

5 HETHERSETT CLOSE sits on a plot of roughly 0.184 of an acre, or 746m². The below map shows the location of 5 HETHERSETT 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 5 HETHERSETT 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 5 HETHERSETT CLOSE?

5 HETHERSETT CLOSE is located in REIGATE, in the RH2 postcode district. The below map shows the position of No. 5 on HETHERSETT CLOSE.