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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

15 PARSONS CLOSE is a very small detached house of 54m², built sometime between 1983 and 1990. It was last sold for £325,000 in January 2022, which was around 61% below the average January 2022 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, 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	£837,097	61% below HPI
2014 14 JAN	£210,000	£553,626	62% 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 62% below the HPI. So the extrapolation line tracks at 62% below the HPI over time, until the January 2022 sale, where it rises to 61% below the HPI. The line then continues to track at 61% below the HPI.

How Large is 15 PARSONS CLOSE?

15 PARSONS CLOSE is 54m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 10% of detached houses in Horley, based on EPC data. The below chart shows the distribution of detached houses by size in Horley, and where 15 PARSONS CLOSE lies on this distribution: 1% of detached houses are smaller than 15 PARSONS CLOSE, and 99% 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.