5, CHARM CLOSE, HORLEY, RH6 8DG - £372,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

5 CHARM CLOSE is a very small extended detached house of 86m², built sometime between 1976 and 1982. It was last sold for £372,000 in May 2016, which was around 48% below the average May 2016 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was June 2015, where the current energy rating was E, and the potential energy rating was B.

5 CHARM CLOSE Sold Prices

Land registry data shows two sales for 5 CHARM 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 CHARM 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
2016 27 MAY	£372,000	£709,506	48% below HPI
2001 18 MAY	£160,000	£298,998	46% below HPI

5 CHARM 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 CHARM CLOSE sales from May 2001 and May 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 2001 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the May 2016 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 5 CHARM CLOSE?

5 CHARM CLOSE is 86m², which includes one extension, according to the EPC inspection conducted in June 2015. This puts it in the smallest 20% of detached houses in Horley, based on EPC data. The below chart shows the distribution of detached houses by size in Horley, and where 5 CHARM CLOSE lies on this distribution: 10% of detached houses are smaller than 5 CHARM CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Horley.

5 CHARM CLOSE: Plot and Title Map

5 CHARM CLOSE sits on a plot of roughly 0.071 of an acre, or 285m². The below map shows the location of 5 CHARM 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 CHARM 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 CHARM CLOSE?

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