36, CHATELET CLOSE, HORLEY, RH6 7JD - £425,000

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.

36 CHATELET CLOSE is a very small semi-detached house of 90m², built sometime between 2007 and 2011, which could now be worth an estimated £453,726. It was last sold for £425,000 in January 2022, which was around 14% below the average January 2022 semi-detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was May 2021, where the current energy rating was C, and the potential energy rating was B.

36 CHATELET CLOSE Sold Prices

Land registry data shows three sales for 36 CHATELET CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Reigate and Banstead local authority area for the corresponding sale date. All of the three 36 CHATELET 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 14 JAN	£425,000	£495,402	14% below HPI
2017 20 JUL	£392,250	£446,329	12% below HPI
2009 27 NOV	£270,000	£274,659	2% below HPI

36 CHATELET CLOSE 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 three 36 CHATELET CLOSE sales between November 2009 and January 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 2017 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the January 2022 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 36 CHATELET CLOSE be worth now?

36 CHATELET CLOSE might now be worth an estimated £453,726.

This is based on house price inflation of 6.8%, between January 2022 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 6.8% inflationary increase is applied to the most recent sale price for 36 CHATELET CLOSE of £425,000 on 14th January 2022. For the value to have increased from £425,000 to £453,726 over the two years and eleven months to February 2025, the following assumptions must hold true:

• The value of 36 CHATELET CLOSE has moved in line with the HPI for semi-detached houses in the Reigate and Banstead local authority area.
• The January 2022 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 36 CHATELET CLOSE has not materially changed since January 2022.

How Large is 36 CHATELET CLOSE?

36 CHATELET CLOSE is 90m² according to the EPC inspection conducted in May 2021. This puts it in the smallest 20% 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 36 CHATELET CLOSE lies on this distribution: 13% of semi-detached houses houses are smaller than 36 CHATELET CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Horley.

36 CHATELET CLOSE: Plot and Title Map

36 CHATELET CLOSE sits on a plot of roughly 0.050 of an acre, or 203m². The below map shows the location of 36 CHATELET 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 36 CHATELET 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 36 CHATELET CLOSE?

36 CHATELET CLOSE is located in HORLEY, in the RH6 postcode district. The below map shows the position of No. 36 on CHATELET CLOSE.