5, HARMONY ROAD, HORLEY, RH6 8PG - £593,000

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.

5 HARMONY ROAD is a large detached house of 141m², which could now be worth an estimated £577,201. It was last sold for £593,000 in February 2023, which was around 36% below the average February 2023 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was December 2018, where the current energy rating was B, and the potential energy rating was A.

5 HARMONY ROAD Sold Prices

Land registry data shows two sales for 5 HARMONY ROAD 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 HARMONY ROAD 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
2023 23 FEB	£593,000	£923,216	36% below HPI
2018 21 DEC	£524,950	£794,051	34% below HPI

5 HARMONY ROAD 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 HARMONY ROAD sales from December 2018 and February 2023 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 2018 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the February 2023 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 5 HARMONY ROAD be worth now?

5 HARMONY ROAD might now be worth an estimated £577,201.

This is based on house price deflation of 2.7%, between February 2023 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 2.7% deflationary decrease is applied to the most recent sale price for 5 HARMONY ROAD of £593,000 on 23rd February 2023. For the value to have decreased from £593,000 to £577,201 over the two years to February 2025, the following assumptions must hold true:

• The value of 5 HARMONY ROAD has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The February 2023 sale price of £593,000 represented a fair market value for the property.
• The size, condition, and specification of 5 HARMONY ROAD has not materially changed since February 2023.

How Large is 5 HARMONY ROAD?

5 HARMONY ROAD is 141m² according to the EPC inspection conducted in December 2018. This puts it in the largest 40% 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 HARMONY ROAD lies on this distribution: 66% of detached houses houses are smaller than 5 HARMONY ROAD, and 33% of houses are larger. Note that EPC data is not available for all properties in Horley.

5 HARMONY ROAD: Plot and Title Map

5 HARMONY ROAD sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 5 HARMONY ROAD, 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 HARMONY ROAD). 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 HARMONY ROAD?

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