3, MEATH GARDENS, HORLEY, RH6 8FW - £497,500

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 MEATH GARDENS is a large detached house of 148m², built sometime from 2007 onwards, which could now be worth an estimated £592,169. It was last sold for £497,500 in February 2016, which was around 34% below the average February 2016 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was August 2012, where the current energy rating was C, and the potential energy rating was B.

3 MEATH GARDENS Sold Prices

Land registry data shows two sales for 3 MEATH 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 3 MEATH 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
2016 3 FEB	£497,500	£754,959	34% below HPI
2009 22 MAY	£320,000	£433,577	26% below HPI

3 MEATH 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 3 MEATH GARDENS sales from May 2009 and February 2016 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 2009 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the February 2016 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 3 MEATH GARDENS be worth now?

3 MEATH GARDENS might now be worth an estimated £592,169.

This is based on house price inflation of 19%, between February 2016 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 19% inflationary increase is applied to the most recent sale price for 3 MEATH GARDENS of £497,500 on 3rd February 2016. For the value to have increased from £497,500 to £592,169 over the nine years to February 2025, the following assumptions must hold true:

• The value of 3 MEATH GARDENS has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The February 2016 sale price of £497,500 represented a fair market value for the property.
• The size, condition, and specification of 3 MEATH GARDENS has not materially changed since February 2016.

How Large is 3 MEATH GARDENS?

3 MEATH GARDENS is 148m² according to the EPC inspection conducted in August 2012. This puts it in the largest 30% 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 MEATH GARDENS lies on this distribution: 72% of detached houses houses are smaller than 3 MEATH GARDENS, and 27% of houses are larger. Note that EPC data is not available for all properties in Horley.

3 MEATH GARDENS: Plot and Title Map

3 MEATH GARDENS sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 3 MEATH 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 3 MEATH 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 3 MEATH GARDENS?

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