2, MALLARD CLOSE, HORLEY, RH6 8QW - £657,000

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.

2 MALLARD CLOSE is a very large extended detached house of 193m², built sometime between 1996 and 2002, which could now be worth an estimated £752,806. It was last sold for £657,000 in January 2018, which was around 16% below the average January 2018 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was September 2017, where the current energy rating was C, and the potential energy rating was B.

2 MALLARD CLOSE Sold Prices

Land registry data shows three sales for 2 MALLARD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. All of the three 2 MALLARD 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
2018 31 JAN	£657,000	£784,257	16% below HPI
2003 10 JAN	£350,000	£405,624	14% below HPI
1997 1 MAY	£157,500	£172,179	9% below HPI

2 MALLARD 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 three 2 MALLARD CLOSE sales between May 1997 and January 2018 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 2003 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the January 2018 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 2 MALLARD CLOSE be worth now?

2 MALLARD CLOSE might now be worth an estimated £752,806.

This is based on house price inflation of 14.6%, between January 2018 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 14.6% inflationary increase is applied to the most recent sale price for 2 MALLARD CLOSE of £657,000 on 31st January 2018. For the value to have increased from £657,000 to £752,806 over the six years and eleven months to February 2025, the following assumptions must hold true:

• The value of 2 MALLARD CLOSE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The January 2018 sale price of £657,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MALLARD CLOSE has not materially changed since January 2018.

How Large is 2 MALLARD CLOSE?

2 MALLARD CLOSE is 193m², which includes one extension, according to the EPC inspection conducted in September 2017. This puts it in the largest 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 2 MALLARD CLOSE lies on this distribution: 90% of detached houses houses are smaller than 2 MALLARD CLOSE, and 9% of houses are larger. Note that EPC data is not available for all properties in Horley.

2 MALLARD CLOSE: Plot and Title Map

2 MALLARD CLOSE sits on a plot of roughly 0.124 of an acre, or 500m². The below map shows the location of 2 MALLARD 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 MALLARD 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 MALLARD CLOSE?

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