3, FIELD CLOSE, HORLEY, RH6 9QG - £650,000

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.

3 FIELD CLOSE is a very large extended detached house of 194m², built sometime from 2007 onwards, which could now be worth an estimated £630,314. It was last sold for £650,000 in August 2022, which was around 30% below the average August 2022 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

3 FIELD CLOSE Sold Prices

Land registry data shows two sales for 3 FIELD CLOSE 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 3 FIELD 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
2022 9 AUG	£650,000	£926,686	30% below HPI
2010 29 JUL	£499,995	£534,580	6% below HPI

3 FIELD 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 two 3 FIELD CLOSE sales from July 2010 and August 2022 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 2010 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the August 2022 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 3 FIELD CLOSE be worth now?

3 FIELD CLOSE might now be worth an estimated £630,314.

This is based on house price deflation of 3%, between August 2022 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 3% deflationary decrease is applied to the most recent sale price for 3 FIELD CLOSE of £650,000 on 9th August 2022. For the value to have decreased from £650,000 to £630,314 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 3 FIELD CLOSE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The August 2022 sale price of £650,000 represented a fair market value for the property.
• The size, condition, and specification of 3 FIELD CLOSE has not materially changed since August 2022.

How Large is 3 FIELD CLOSE?

3 FIELD CLOSE is 194m², which includes one extension, according to the EPC inspection conducted in June 2020. 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 3 FIELD CLOSE lies on this distribution: 91% of detached houses houses are smaller than 3 FIELD CLOSE, and 8% of houses are larger. Note that EPC data is not available for all properties in Horley.

3 FIELD CLOSE: Plot and Title Map

3 FIELD CLOSE sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 3 FIELD 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 3 FIELD 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 3 FIELD CLOSE?

3 FIELD CLOSE is located in HORLEY, in the RH6 postcode district. The below map shows the position of No. 3 on FIELD CLOSE.