5, LAGLANDS CLOSE, REIGATE, RH2 0HW - £865,000

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

5 LAGLANDS CLOSE is a small detached house of 120m², built sometime between 1967 and 1975. It was last sold for £865,000 in June 2021, which was around 11% above the average June 2021 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was C.

5 LAGLANDS CLOSE Sold Prices

Land registry data shows two sales for 5 LAGLANDS 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 5 LAGLANDS 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
2021 28 JUN	£865,000	£781,469	11% above HPI
1998 12 FEB	£245,000	£188,634	30% above HPI

5 LAGLANDS 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 5 LAGLANDS CLOSE sales from February 1998 and June 2021 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 1998 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the June 2021 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 5 LAGLANDS CLOSE?

5 LAGLANDS CLOSE is 120m² according to the EPC inspection conducted in August 2019. This puts it in the smallest 30% of detached houses in Reigate, based on EPC data. The below chart shows the distribution of detached houses by size in Reigate, and where 5 LAGLANDS CLOSE lies on this distribution: 21% of detached houses are smaller than 5 LAGLANDS CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Reigate.

5 LAGLANDS CLOSE: Plot and Title Map

5 LAGLANDS CLOSE sits on a plot of roughly 0.289 of an acre, or 1,169m². The below map shows the location of 5 LAGLANDS 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 LAGLANDS 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 LAGLANDS CLOSE?

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