1, WHITE CLOSE, HORLEY, RH6 8GE - £520,000

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 WHITE CLOSE is a small detached house of 104m², which could now be worth an estimated £525,187. It was last sold for £520,000 in June 2022, which was around 42% below the average June 2022 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was April 2016, where the current energy rating was B, and the potential energy rating was B.

1 WHITE CLOSE Sold Prices

Land registry data shows two sales for 1 WHITE 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 1 WHITE 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
2022 30 JUN	£520,000	£889,744	42% below HPI
2017 10 AUG	£452,500	£782,988	42% below HPI

1 WHITE 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 1 WHITE CLOSE sales from August 2017 and June 2022 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 2017 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the June 2022 sale, which was also at 42% below the HPI.

What might 1 WHITE CLOSE be worth now?

1 WHITE CLOSE might now be worth an estimated £525,187.

This is based on house price inflation of 1%, between June 2022 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 1% inflationary increase is applied to the most recent sale price for 1 WHITE CLOSE of £520,000 on 30th June 2022. For the value to have increased from £520,000 to £525,187 over the three years and four months to February 2025, the following assumptions must hold true:

• The value of 1 WHITE CLOSE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The June 2022 sale price of £520,000 represented a fair market value for the property.
• The size, condition, and specification of 1 WHITE CLOSE has not materially changed since June 2022.

How Large is 1 WHITE CLOSE?

1 WHITE CLOSE is 104m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 40% 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 WHITE CLOSE lies on this distribution: 32% of detached houses houses are smaller than 1 WHITE CLOSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Horley.

1 WHITE CLOSE: Plot and Title Map

1 WHITE CLOSE sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 1 WHITE 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 WHITE 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 WHITE CLOSE?

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