2, BRIDGES CLOSE, HORLEY, RH6 9SG - £375,000

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

2 BRIDGES CLOSE is a midsized extended detached house of 119m², built sometime between 1996 and 2002. It was last sold for £375,000 in May 2012, which was around 25% below the average May 2012 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was C.

2 BRIDGES CLOSE Sold Prices

Land registry data shows two sales for 2 BRIDGES 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 2 BRIDGES 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
2012 23 MAY	£375,000	£501,698	25% below HPI
1999 26 NOV	£230,000	£247,876	7% below HPI

2 BRIDGES 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 2 BRIDGES CLOSE sales from November 1999 and May 2012 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 November 1999 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the May 2012 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 2 BRIDGES CLOSE?

2 BRIDGES CLOSE is 119m², which includes one extension, according to the EPC inspection conducted in July 2011. This puts it in the smallest 50% of detached houses in Horley, based on EPC data. The below chart shows the distribution of detached houses by size in Horley, and where 2 BRIDGES CLOSE lies on this distribution: 48% of detached houses are smaller than 2 BRIDGES CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Horley.

2 BRIDGES CLOSE: Plot and Title Map

2 BRIDGES CLOSE sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 2 BRIDGES 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 2 BRIDGES 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 2 BRIDGES CLOSE?

2 BRIDGES CLOSE is located in HORLEY, in the RH6 postcode district. The below map shows the position of No. 2 on BRIDGES CLOSE.