5, BIRCHWOOD CLOSE, HORLEY, RH6 9TX - £457,500

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.

5 BIRCHWOOD CLOSE is a small extended detached house of 95m², built sometime between 1983 and 1990, which could now be worth an estimated £524,366. It was last sold for £457,500 in July 2017, which was around 42% below the average July 2017 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was January 2017, where the current energy rating was C, and the potential energy rating was B.

5 BIRCHWOOD CLOSE Sold Prices

Land registry data shows two sales for 5 BIRCHWOOD 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 5 BIRCHWOOD 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
2017 12 JUL	£457,500	£784,030	42% below HPI
1996 6 DEC	£117,950	£163,807	28% below HPI

5 BIRCHWOOD 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 5 BIRCHWOOD CLOSE sales from December 1996 and July 2017 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 December 1996 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the July 2017 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 5 BIRCHWOOD CLOSE be worth now?

5 BIRCHWOOD CLOSE might now be worth an estimated £524,366.

This is based on house price inflation of 14.6%, between July 2017 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 14.6% inflationary increase is applied to the most recent sale price for 5 BIRCHWOOD CLOSE of £457,500 on 12th July 2017. For the value to have increased from £457,500 to £524,366 over the eight years and five months to February 2025, the following assumptions must hold true:

• The value of 5 BIRCHWOOD CLOSE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The July 2017 sale price of £457,500 represented a fair market value for the property.
• The size, condition, and specification of 5 BIRCHWOOD CLOSE has not materially changed since July 2017.

How Large is 5 BIRCHWOOD CLOSE?

5 BIRCHWOOD CLOSE is 95m², which includes one extension, according to the EPC inspection conducted in January 2017. This puts it in the smallest 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 5 BIRCHWOOD CLOSE lies on this distribution: 22% of detached houses houses are smaller than 5 BIRCHWOOD CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Horley.

5 BIRCHWOOD CLOSE: Plot and Title Map

5 BIRCHWOOD CLOSE sits on a plot of roughly 0.102 of an acre, or 411m². The below map shows the location of 5 BIRCHWOOD 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 5 BIRCHWOOD 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 5 BIRCHWOOD CLOSE?

5 BIRCHWOOD CLOSE is located in HORLEY, in the RH6 postcode district. The below map shows the position of No. 5 on BIRCHWOOD CLOSE.