15, HARDY CLOSE, HORLEY, RH6 8SL - £475,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

15 HARDY CLOSE is a small extended detached house of 103m², built sometime between 1991 and 1995, which could now be worth an estimated £474,589. It was last sold for £475,000 in June 2024, which was around 47% below the average June 2024 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was B.

15 HARDY CLOSE Sold Prices

Land registry data shows five sales for 15 HARDY 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 15 HARDY 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
2024 20 JUN	£475,000	£899,398	47% below HPI
2021 12 MAR	£435,000	£817,133	47% below HPI
2016 13 MAY	£415,000	£744,176	44% below HPI
2003 7 MAR	£219,950	£402,532	45% below HPI
1998 26 JUN	£116,000	£211,293	45% below HPI

15 HARDY 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 15 HARDY CLOSE sales between June 1998 and June 2024 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 March 2021 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the June 2024 sale, which was also at 47% below the HPI.

What might 15 HARDY CLOSE be worth now?

15 HARDY CLOSE might now be worth an estimated £474,589.

This is based on house price deflation of 0.1%, between June 2024 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 0.1% deflationary decrease is applied to the most recent sale price for 15 HARDY CLOSE of £475,000 on 20th June 2024. For the value to have decreased from £475,000 to £474,589 over the one year and four months to February 2025, the following assumptions must hold true:

• The value of 15 HARDY CLOSE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The June 2024 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of 15 HARDY CLOSE has not materially changed since June 2024.

How Large is 15 HARDY CLOSE?

15 HARDY CLOSE is 103m², which includes two extensions, according to the EPC inspection conducted in February 2024. This puts it in the smallest 40% 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 HARDY CLOSE lies on this distribution: 31% of detached houses houses are smaller than 15 HARDY CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Horley.

15 HARDY CLOSE: Plot and Title Map

15 HARDY CLOSE sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 15 HARDY 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 HARDY 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 HARDY CLOSE?

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