15, PARSONS CLOSE, HORLEY, RH6 8SE - £325,000

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 PARSONS CLOSE is a very small extended detached house of 69m², built sometime between 1983 and 1990, which could now be worth an estimated £332,632. It was last sold for £325,000 in January 2022, which was around 63% below the average January 2022 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was November 2024, where the current energy rating was C, and the potential energy rating was B.

15 PARSONS CLOSE Sold Prices

Land registry data shows two sales for 15 PARSONS 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 PARSONS 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
2022 19 JAN	£325,000	£878,002	63% below HPI
2014 14 JAN	£210,000	£580,679	64% below HPI

15 PARSONS 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 PARSONS CLOSE sales from January 2014 and January 2022 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 January 2014 sale was for 64% below the HPI. So the extrapolation line tracks at 64% below the HPI over time, until the January 2022 sale, where it rises to 63% below the HPI. The line then continues to track at 63% below the HPI.

What might 15 PARSONS CLOSE be worth now?

15 PARSONS CLOSE might now be worth an estimated £332,632.

This is based on house price inflation of 2.3%, between January 2022 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 2.3% inflationary increase is applied to the most recent sale price for 15 PARSONS CLOSE of £325,000 on 19th January 2022. For the value to have increased from £325,000 to £332,632 over the two years and eleven months to February 2025, the following assumptions must hold true:

• The value of 15 PARSONS CLOSE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The January 2022 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 15 PARSONS CLOSE has not materially changed since January 2022.

How Large is 15 PARSONS CLOSE?

15 PARSONS CLOSE is 69m², which includes one extension, according to the EPC inspection conducted in November 2024. This puts it in the smallest 10% 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 PARSONS CLOSE lies on this distribution: 2% of detached houses houses are smaller than 15 PARSONS CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Horley.

15 PARSONS CLOSE: Plot and Title Map

15 PARSONS CLOSE sits on a plot of roughly 0.039 of an acre, or 157m². The below map shows the location of 15 PARSONS 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 PARSONS 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 PARSONS CLOSE?

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