23, GRASSMERE, HORLEY, RH6 9UG - £202,000

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 GRASSMERE is a very small extended semi-detached house of 72m², built sometime between 1983 and 1990, which could now be worth an estimated £400,093. It was last sold for £202,000 in August 2006, which was around 24% below the average August 2006 semi-detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was B.

23 GRASSMERE Sold Prices

Land registry data shows two sales for 23 GRASSMERE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Reigate and Banstead local authority area for the corresponding sale date. Both of the two 23 GRASSMERE 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
2006 9 AUG	£202,000	£267,026	24% below HPI
2000 28 JUL	£122,500	£156,137	22% below HPI

23 GRASSMERE 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 two 23 GRASSMERE sales from July 2000 and August 2006 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 July 2000 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the August 2006 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 23 GRASSMERE be worth now?

23 GRASSMERE might now be worth an estimated £400,093.

This is based on house price inflation of 98.1%, between August 2006 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 98.1% inflationary increase is applied to the most recent sale price for 23 GRASSMERE of £202,000 on 9th August 2006. For the value to have increased from £202,000 to £400,093 over the nineteen years and six months to February 2025, the following assumptions must hold true:

• The value of 23 GRASSMERE has moved in line with the HPI for semi-detached houses in the Reigate and Banstead local authority area.
• The August 2006 sale price of £202,000 represented a fair market value for the property.
• The size, condition, and specification of 23 GRASSMERE has not materially changed since August 2006.

How Large is 23 GRASSMERE?

23 GRASSMERE is 72m², which includes one extension, according to the EPC inspection conducted in August 2022. This puts it in the smallest 10% 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 GRASSMERE lies on this distribution: 3% of semi-detached houses houses are smaller than 23 GRASSMERE, and 97% of houses are larger. Note that EPC data is not available for all properties in Horley.

23 GRASSMERE: Plot and Title Map

23 GRASSMERE sits on a plot of roughly 0.024 of an acre, or 99m². The below map shows the location of 23 GRASSMERE, 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 GRASSMERE). 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 GRASSMERE?

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