Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
5 HEDINGHAM CLOSE is a very large extended detached house of 172m², built sometime between 1983 and 1990. It was last sold for £495,000 in December 2010, which was around 2% below the average December 2010 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was October 2009, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows two sales for 5 HEDINGHAM CLOSE since 1st 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. One of the two 5 HEDINGHAM CLOSE sales was for below the average price, whilst the other was for above 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 |
---|---|---|---|
2010 2 DEC | £495,000 | £506,609 | 2% below HPI |
2001 24 AUG | £340,000 | £312,686 | 9% above HPI |
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 HEDINGHAM CLOSE sales from August 2001 and December 2010 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 August 2001 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the December 2010 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.
5 HEDINGHAM CLOSE is 172m², which includes one extension, according to the EPC inspection conducted in October 2009. This puts it in the largest 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 HEDINGHAM CLOSE lies on this distribution: 84% of detached houses are smaller than 5 HEDINGHAM CLOSE, and 16% of houses are larger. Note that EPC data is not available for all properties in Horley.
5 HEDINGHAM CLOSE sits on a plot of roughly 0.141 of an acre, or 570m². The below map shows the location of 5 HEDINGHAM 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 HEDINGHAM 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.
5 HEDINGHAM CLOSE is located in HORLEY, in the RH6 postcode district. The below map shows the position of No. 5 on HEDINGHAM CLOSE.