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

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

2 MALLARD CLOSE is a very large extended detached house of 193m², built sometime between 1996 and 2002. It was last sold for £657,000 in January 2018, which was around 12% 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	£747,720	12% below HPI
2003 10 JAN	£350,000	£386,726	9% below HPI
1997 1 MAY	£157,500	£164,158	4% 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 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the January 2018 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

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 in Horley, based on EPC data. The below chart shows the distribution of detached houses by size in Horley, and where 2 MALLARD CLOSE lies on this distribution: 90% of detached 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 0.123 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.