11, BRIDGES CLOSE, HORLEY, RH6 9SG - £585,000

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.

11 BRIDGES CLOSE is a midsized extended detached house of 117m², built sometime between 1996 and 2002, which could now be worth an estimated £641,358. It was last sold for £585,000 in June 2021, which was around 29% below the average June 2021 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

11 BRIDGES CLOSE Sold Prices

Land registry data shows three sales for 11 BRIDGES 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 11 BRIDGES 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
2021 30 JUN	£585,000	£819,655	29% below HPI
2008 19 JUN	£400,000	£538,244	26% below HPI
2000 31 MAY	£225,000	£277,130	19% below HPI

11 BRIDGES 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 11 BRIDGES CLOSE sales between May 2000 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 June 2008 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the June 2021 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 11 BRIDGES CLOSE be worth now?

11 BRIDGES CLOSE might now be worth an estimated £641,358.

This is based on house price inflation of 9.6%, between June 2021 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 9.6% inflationary increase is applied to the most recent sale price for 11 BRIDGES CLOSE of £585,000 on 30th June 2021. For the value to have increased from £585,000 to £641,358 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 11 BRIDGES CLOSE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The June 2021 sale price of £585,000 represented a fair market value for the property.
• The size, condition, and specification of 11 BRIDGES CLOSE has not materially changed since June 2021.

How Large is 11 BRIDGES CLOSE?

11 BRIDGES CLOSE is 117m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the smallest 50% 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 11 BRIDGES CLOSE lies on this distribution: 46% of detached houses houses are smaller than 11 BRIDGES CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Horley.

11 BRIDGES CLOSE: Plot and Title Map

11 BRIDGES CLOSE sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 11 BRIDGES 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 11 BRIDGES 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 11 BRIDGES CLOSE?

11 BRIDGES CLOSE is located in HORLEY, in the RH6 postcode district. The below map shows the position of No. 11 on BRIDGES CLOSE.