1, CHARM CLOSE, HORLEY, RH6 8DG - £435,000

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.

1 CHARM CLOSE is a small detached house of 94m², built sometime between 1967 and 1975, which could now be worth an estimated £492,417. It was last sold for £435,000 in June 2017, which was around 45% below the average June 2017 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was April 2010, where the current energy rating was E, and the potential energy rating was D.

1 CHARM CLOSE Sold Prices

Land registry data shows three sales for 1 CHARM 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 1 CHARM CLOSE sales were for below 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
2017 2 JUN	£435,000	£793,838	45% below HPI
2012 10 SEP	£280,000	£550,095	49% below HPI
1996 23 FEB	£88,000	£150,561	42% below HPI

1 CHARM 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 1 CHARM CLOSE sales between February 1996 and June 2017 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 2012 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the June 2017 sale, where it rises to 45% below the HPI. The line then continues to track at 45% below the HPI.

What might 1 CHARM CLOSE be worth now?

1 CHARM CLOSE might now be worth an estimated £492,417.

This is based on house price inflation of 13.2%, between June 2017 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 13.2% inflationary increase is applied to the most recent sale price for 1 CHARM CLOSE of £435,000 on 2nd June 2017. For the value to have increased from £435,000 to £492,417 over the eight years and four months to February 2025, the following assumptions must hold true:

• The value of 1 CHARM CLOSE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The June 2017 sale price of £435,000 represented a fair market value for the property.
• The size, condition, and specification of 1 CHARM CLOSE has not materially changed since June 2017.

How Large is 1 CHARM CLOSE?

1 CHARM CLOSE is 94m² according to the EPC inspection conducted in April 2010. This puts it in the smallest 30% of detached houses houses in Horley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Horley, and where 1 CHARM CLOSE lies on this distribution: 20% of detached houses houses are smaller than 1 CHARM CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Horley.

1 CHARM CLOSE: Plot and Title Map

1 CHARM CLOSE sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 1 CHARM 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 1 CHARM 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 1 CHARM CLOSE?

1 CHARM CLOSE is located in HORLEY, in the RH6 postcode district. The below map shows the position of No. 1 on CHARM CLOSE.