7, HAREWOOD CLOSE, REIGATE, RH2 0HE - £1,050,000

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

7 HAREWOOD CLOSE is a midsized extended detached house of 165m², built sometime between 1976 and 1982, which could now be worth an estimated £1,171,272. It was last sold for £1,050,000 in August 2020, which was around 30% above the average August 2020 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was March 2018, where the current energy rating was C, and the potential energy rating was B.

7 HAREWOOD CLOSE Sold Prices

Land registry data shows two sales for 7 HAREWOOD 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 7 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
2020 26 AUG	£1,050,000	£805,578	30% above HPI
1998 12 AUG	£330,000	£219,675	50% above HPI

7 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 two 7 HAREWOOD CLOSE sales from August 1998 and August 2020 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 August 1998 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the August 2020 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

What might 7 HAREWOOD CLOSE be worth now?

7 HAREWOOD CLOSE might now be worth an estimated £1,171,272.

This is based on house price inflation of 11.5%, between August 2020 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 11.5% inflationary increase is applied to the most recent sale price for 7 HAREWOOD CLOSE of £1,050,000 on 26th August 2020. For the value to have increased from £1,050,000 to £1,171,272 over the five years and six months to February 2025, the following assumptions must hold true:

• The value of 7 HAREWOOD CLOSE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The August 2020 sale price of £1,050,000 represented a fair market value for the property.
• The size, condition, and specification of 7 HAREWOOD CLOSE has not materially changed since August 2020.

How Large is 7 HAREWOOD CLOSE?

7 HAREWOOD CLOSE is 165m², which includes three extensions, according to the EPC inspection conducted in March 2018. This puts it in the largest 50% 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 7 HAREWOOD CLOSE lies on this distribution: 52% of detached houses houses are smaller than 7 HAREWOOD CLOSE, and 47% of houses are larger. Note that EPC data is not available for all properties in Reigate.

7 HAREWOOD CLOSE: Plot and Title Map

7 HAREWOOD CLOSE sits on a plot of roughly 0.534 of an acre, or 2,163m². The below map shows the location of 7 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 7 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 7 HAREWOOD CLOSE?

7 HAREWOOD CLOSE is located in REIGATE, in the RH2 postcode district. The below map shows the position of No. 7 on HAREWOOD CLOSE.