23, ARNE GROVE, HORLEY, RH6 8DQ - £370,000

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.

23 ARNE GROVE is a small extended semi-detached house of 103m², built sometime between 1976 and 1982, which could now be worth an estimated £439,675. It was last sold for £370,000 in February 2018, which was around 17% below the average February 2018 semi-detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was B.

23 ARNE GROVE Sold Prices

Land registry data shows five sales for 23 ARNE GROVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Reigate and Banstead local authority area for the corresponding sale date. All of the five 23 ARNE GROVE 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 23 FEB	£370,000	£445,075	17% below HPI
2008 7 MAY	£250,000	£310,802	20% below HPI
2008 30 APR	£265,000	£303,753	13% below HPI
2002 3 MAY	£157,000	£190,379	18% below HPI
1996 23 MAY	£71,500	£84,167	15% below HPI

23 ARNE GROVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Reigate and Banstead local authority area over time, sourced from the HPI. The five 23 ARNE GROVE sales between May 1996 and February 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 May 2008 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the February 2018 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 23 ARNE GROVE be worth now?

23 ARNE GROVE might now be worth an estimated £439,675.

This is based on house price inflation of 18.8%, between February 2018 and February 2025, for semi-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 18.8% inflationary increase is applied to the most recent sale price for 23 ARNE GROVE of £370,000 on 23rd February 2018. For the value to have increased from £370,000 to £439,675 over the seven years to February 2025, the following assumptions must hold true:

• The value of 23 ARNE GROVE has moved in line with the HPI for semi-detached houses in the Reigate and Banstead local authority area.
• The February 2018 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 23 ARNE GROVE has not materially changed since February 2018.

How Large is 23 ARNE GROVE?

23 ARNE GROVE is 103m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the smallest 40% of semi-detached houses houses in Horley, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Horley, and where 23 ARNE GROVE lies on this distribution: 31% of semi-detached houses houses are smaller than 23 ARNE GROVE, and 68% of houses are larger. Note that EPC data is not available for all properties in Horley.

23 ARNE GROVE: Plot and Title Map

23 ARNE GROVE sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 23 ARNE GROVE, 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 23 ARNE GROVE). 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 23 ARNE GROVE?

23 ARNE GROVE is located in HORLEY, in the RH6 postcode district. The below map shows the position of No. 23 on ARNE GROVE.