1, GROSVENOR CLOSE, HORLEY, RH6 7LU - £177,000

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 GROSVENOR CLOSE is a large extended detached house of 148m², built sometime between 2003 and 2006, which could now be worth an estimated £307,504. It was last sold for £177,000 in May 2011, which was around 66% below the average May 2011 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was July 2015, where the current energy rating was C, and the potential energy rating was B.

1 GROSVENOR CLOSE Sold Prices

Land registry data shows three sales for 1 GROSVENOR 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 GROSVENOR 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
2011 31 MAY	£177,000	£517,247	66% below HPI
2006 28 JUN	£330,000	£445,641	26% below HPI
2004 30 JAN	£330,000	£409,035	19% below HPI

1 GROSVENOR 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 GROSVENOR CLOSE sales between January 2004 and May 2011 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 June 2006 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the May 2011 sale, where it falls to 66% below the HPI. The line then continues to track at 66% below the HPI.

What might 1 GROSVENOR CLOSE be worth now?

1 GROSVENOR CLOSE might now be worth an estimated £307,504.

This is based on house price inflation of 73.7%, between May 2011 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 73.7% inflationary increase is applied to the most recent sale price for 1 GROSVENOR CLOSE of £177,000 on 31st May 2011. For the value to have increased from £177,000 to £307,504 over the fourteen years and three months to February 2025, the following assumptions must hold true:

• The value of 1 GROSVENOR CLOSE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The May 2011 sale price of £177,000 represented a fair market value for the property.
• The size, condition, and specification of 1 GROSVENOR CLOSE has not materially changed since May 2011.

How Large is 1 GROSVENOR CLOSE?

1 GROSVENOR CLOSE is 148m², which includes two extensions, according to the EPC inspection conducted in July 2015. This puts it in the largest 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 GROSVENOR CLOSE lies on this distribution: 72% of detached houses houses are smaller than 1 GROSVENOR CLOSE, and 28% of houses are larger. Note that EPC data is not available for all properties in Horley.

1 GROSVENOR CLOSE: Plot and Title Map

1 GROSVENOR CLOSE sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of 1 GROSVENOR 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 GROSVENOR 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 GROSVENOR CLOSE?

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