14, THE CLOSE, HORLEY, RH6 9EB - £422,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

14 THE CLOSE is a small detached house of 103m², built sometime between 1996 and 2002. It was last sold for £422,000 in December 2015, which was around 40% below the average December 2015 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

14 THE CLOSE Sold Prices

Land registry data shows four sales for 14 THE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. All of the four 14 THE 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
2015 11 DEC	£422,000	£700,556	40% below HPI
2006 31 JUL	£347,000	£431,813	20% below HPI
2005 23 MAR	£295,000	£403,476	27% below HPI
2001 29 JUN	£249,000	£304,094	18% below HPI

14 THE 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 four 14 THE CLOSE sales between June 2001 and December 2015 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 July 2006 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the December 2015 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 14 THE CLOSE?

14 THE CLOSE is 103m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 40% of detached houses in Horley, based on EPC data. The below chart shows the distribution of detached houses by size in Horley, and where 14 THE CLOSE lies on this distribution: 31% of detached houses are smaller than 14 THE CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Horley.

14 THE CLOSE: Plot and Title Map

14 THE CLOSE sits on a plot of roughly 0.139 of an acre, or 562m². The below map shows the location of 14 THE 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 THE 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 THE CLOSE?

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