23, BALCOMBE GARDENS, HORLEY, RH6 9BY - £485,000

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

23 BALCOMBE GARDENS is a very small extended detached house of 74m², built sometime between 1930 and 1949. It was last sold for £485,000 in June 2018, which was around 36% below the average June 2018 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

23 BALCOMBE GARDENS Sold Prices

Land registry data shows two sales for 23 BALCOMBE GARDENS 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 23 BALCOMBE GARDENS 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 29 JUN	£485,000	£754,239	36% below HPI
2014 21 MAR	£315,000	£578,603	46% below HPI

23 BALCOMBE GARDENS 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 23 BALCOMBE GARDENS sales from March 2014 and June 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 March 2014 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the June 2018 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 23 BALCOMBE GARDENS?

23 BALCOMBE GARDENS is 74m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the smallest 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 23 BALCOMBE GARDENS lies on this distribution: 4% of detached houses are smaller than 23 BALCOMBE GARDENS, and 96% of houses are larger. Note that EPC data is not available for all properties in Horley.

23 BALCOMBE GARDENS: Plot and Title Map

23 BALCOMBE GARDENS sits on a plot of roughly 0.144 of an acre, or 584m². The below map shows the location of 23 BALCOMBE GARDENS, 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 BALCOMBE GARDENS). 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 BALCOMBE GARDENS?

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