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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

11 BRIDGES CLOSE is a midsized extended detached house of 117m², built sometime between 1996 and 2002. It was last sold for £585,000 in June 2021, which was around 25% 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	£781,469	25% below HPI
2008 19 JUN	£400,000	£513,169	22% below HPI
2000 31 MAY	£225,000	£264,219	15% 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 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the June 2021 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

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 in Horley, based on EPC data. The below chart shows the distribution of detached houses by size in Horley, and where 11 BRIDGES CLOSE lies on this distribution: 46% of detached 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.