16, HARKNESS CLOSE, EPSOM, KT17 3PG - £587,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

16 HARKNESS CLOSE is a very small extended detached house of 73m², built sometime between 1976 and 1982. It was last sold for £587,500 in May 2024, which was around 33% below the average May 2024 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was B.

16 HARKNESS CLOSE Sold Prices

Land registry data shows four sales for 16 HARKNESS 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 HARKNESS 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 24 MAY	£587,500	£874,571	33% below HPI
2017 12 JAN	£490,500	£725,899	32% below HPI
2001 30 NOV	£228,000	£319,193	29% below HPI
1998 13 MAR	£150,000	£189,172	21% below HPI

16 HARKNESS 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 HARKNESS CLOSE sales between March 1998 and May 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 January 2017 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the May 2024 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 16 HARKNESS CLOSE?

16 HARKNESS CLOSE is 73m², which includes one extension, according to the EPC inspection conducted in February 2023. This puts it in the smallest 10% of detached houses in Great Burgh, based on EPC data. The below chart shows the distribution of detached houses by size in Great Burgh, and where 16 HARKNESS CLOSE lies on this distribution: 1% of detached houses are smaller than 16 HARKNESS CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Great Burgh.

16 HARKNESS CLOSE: Plot and Title Map

16 HARKNESS CLOSE sits on a plot of roughly 0.197 of an acre, or 799m². The below map shows the location of 16 HARKNESS 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 HARKNESS 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 HARKNESS CLOSE?

16 HARKNESS CLOSE is located in EPSOM, in the KT17 postcode district. The below map shows the position of No. 16 on HARKNESS CLOSE.