15, CLIFTON CLOSE, HORLEY, RH6 9SE - £317,000

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.

15 CLIFTON CLOSE is a small detached house of 94m², built sometime between 2003 and 2006, which could now be worth an estimated £539,481. It was last sold for £317,000 in February 2012, which was around 40% below the average February 2012 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was May 2011, where the current energy rating was C, and the potential energy rating was C.

15 CLIFTON CLOSE Sold Prices

Land registry data shows two sales for 15 CLIFTON 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 15 CLIFTON 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
2012 16 FEB	£317,000	£528,031	40% below HPI
2000 29 FEB	£166,000	£267,622	38% below HPI

15 CLIFTON 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 15 CLIFTON CLOSE sales from February 2000 and February 2012 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 February 2000 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the February 2012 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 15 CLIFTON CLOSE be worth now?

15 CLIFTON CLOSE might now be worth an estimated £539,481.

This is based on house price inflation of 70.2%, between February 2012 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 70.2% inflationary increase is applied to the most recent sale price for 15 CLIFTON CLOSE of £317,000 on 16th February 2012. For the value to have increased from £317,000 to £539,481 over the thirteen years to February 2025, the following assumptions must hold true:

• The value of 15 CLIFTON CLOSE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The February 2012 sale price of £317,000 represented a fair market value for the property.
• The size, condition, and specification of 15 CLIFTON CLOSE has not materially changed since February 2012.

How Large is 15 CLIFTON CLOSE?

15 CLIFTON CLOSE is 94m² according to the EPC inspection conducted in May 2011. 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 15 CLIFTON CLOSE lies on this distribution: 20% of detached houses houses are smaller than 15 CLIFTON CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Horley.

15 CLIFTON CLOSE: Plot and Title Map

15 CLIFTON CLOSE sits on a plot of roughly 0.064 of an acre, or 260m². The below map shows the location of 15 CLIFTON 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 15 CLIFTON 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 15 CLIFTON CLOSE?

15 CLIFTON CLOSE is located in HORLEY, in the RH6 postcode district. The below map shows the position of No. 15 on CLIFTON CLOSE.