14, BIRCHWOOD CLOSE, HORLEY, RH6 9TX - £442,500

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.

14 BIRCHWOOD CLOSE is a small extended detached house of 94m², built sometime between 1976 and 1982, which could now be worth an estimated £507,174. It was last sold for £442,500 in July 2017, which was around 44% below the average July 2017 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

14 BIRCHWOOD CLOSE Sold Prices

Land registry data shows five sales for 14 BIRCHWOOD CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. All of the five 14 BIRCHWOOD 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 28 JUL	£442,500	£784,030	44% below HPI
2013 19 APR	£340,000	£544,596	38% below HPI
2006 24 NOV	£297,500	£460,880	35% below HPI
1999 29 OCT	£166,000	£254,342	35% below HPI
1998 10 SEP	£140,000	£223,238	37% below HPI

14 BIRCHWOOD 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 five 14 BIRCHWOOD CLOSE sales between September 1998 and July 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 April 2013 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the July 2017 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

What might 14 BIRCHWOOD CLOSE be worth now?

14 BIRCHWOOD CLOSE might now be worth an estimated £507,174.

This is based on house price inflation of 14.6%, between July 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 14.6% inflationary increase is applied to the most recent sale price for 14 BIRCHWOOD CLOSE of £442,500 on 28th July 2017. For the value to have increased from £442,500 to £507,174 over the eight years and five months to February 2025, the following assumptions must hold true:

• The value of 14 BIRCHWOOD CLOSE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The July 2017 sale price of £442,500 represented a fair market value for the property.
• The size, condition, and specification of 14 BIRCHWOOD CLOSE has not materially changed since July 2017.

How Large is 14 BIRCHWOOD CLOSE?

14 BIRCHWOOD CLOSE is 94m², which includes one extension, according to the EPC inspection conducted in March 2017. 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 14 BIRCHWOOD CLOSE lies on this distribution: 20% of detached houses houses are smaller than 14 BIRCHWOOD CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Horley.

14 BIRCHWOOD CLOSE: Plot and Title Map

14 BIRCHWOOD CLOSE sits on a plot of roughly 0.088 of an acre, or 355m². The below map shows the location of 14 BIRCHWOOD 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 14 BIRCHWOOD 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 14 BIRCHWOOD CLOSE?

14 BIRCHWOOD CLOSE is located in HORLEY, in the RH6 postcode district. The below map shows the position of No. 14 on BIRCHWOOD CLOSE.