16, FURZE CLOSE, HORLEY, RH6 9SL - £700,000

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.

16 FURZE CLOSE is a very large extended detached house of 179m², built sometime between 1996 and 2002, which could now be worth an estimated £701,314. It was last sold for £700,000 in January 2024, which was around 22% below the average January 2024 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was C.

16 FURZE CLOSE Sold Prices

Land registry data shows four sales for 16 FURZE 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 16 FURZE 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 19 JAN	£700,000	£896,936	22% below HPI
2018 6 JUL	£570,000	£811,604	30% below HPI
2013 26 MAR	£403,000	£551,369	27% below HPI
2001 12 APR	£295,000	£312,535	6% below HPI

16 FURZE 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 16 FURZE CLOSE sales between April 2001 and January 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 July 2018 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the January 2024 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 16 FURZE CLOSE be worth now?

16 FURZE CLOSE might now be worth an estimated £701,314.

This is based on house price inflation of 0.2%, between January 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 0.2% inflationary increase is applied to the most recent sale price for 16 FURZE CLOSE of £700,000 on 19th January 2024. For the value to have increased from £700,000 to £701,314 over the eleven months to February 2025, the following assumptions must hold true:

• The value of 16 FURZE CLOSE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The January 2024 sale price of £700,000 represented a fair market value for the property.
• The size, condition, and specification of 16 FURZE CLOSE has not materially changed since January 2024.

How Large is 16 FURZE CLOSE?

16 FURZE CLOSE is 179m², which includes one extension, according to the EPC inspection conducted in September 2022. This puts it in the largest 20% 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 16 FURZE CLOSE lies on this distribution: 86% of detached houses houses are smaller than 16 FURZE CLOSE, and 14% of houses are larger. Note that EPC data is not available for all properties in Horley.

16 FURZE CLOSE: Plot and Title Map

16 FURZE CLOSE sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 16 FURZE 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 16 FURZE 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 16 FURZE CLOSE?

16 FURZE CLOSE is located in HORLEY, in the RH6 postcode district. The below map shows the position of No. 16 on FURZE CLOSE.