9, BALCOMBE ROAD, HORLEY, RH6 7JR - £305,000

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.

9 BALCOMBE ROAD is a very small extended semi-detached house of 74m², built sometime between 1900 and 1929, which could now be worth an estimated £350,902. It was last sold for £305,000 in August 2020, which was around 34% below the average August 2020 semi-detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was C.

9 BALCOMBE ROAD Sold Prices

Land registry data shows four sales for 9 BALCOMBE ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Reigate and Banstead local authority area for the corresponding sale date. All of the four 9 BALCOMBE 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
2020 28 AUG	£305,000	£459,702	34% below HPI
2017 26 MAY	£305,000	£440,118	31% below HPI
2013 6 DEC	£212,000	£318,751	33% below HPI
1997 25 APR	£69,000	£92,479	25% below HPI

9 BALCOMBE ROAD 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 four 9 BALCOMBE ROAD sales between April 1997 and August 2020 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 2017 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the August 2020 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 9 BALCOMBE ROAD be worth now?

9 BALCOMBE ROAD might now be worth an estimated £350,902.

This is based on house price inflation of 15%, between August 2020 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 15% inflationary increase is applied to the most recent sale price for 9 BALCOMBE ROAD of £305,000 on 28th August 2020. For the value to have increased from £305,000 to £350,902 over the five years and six months to February 2025, the following assumptions must hold true:

• The value of 9 BALCOMBE ROAD has moved in line with the HPI for semi-detached houses in the Reigate and Banstead local authority area.
• The August 2020 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 9 BALCOMBE ROAD has not materially changed since August 2020.

How Large is 9 BALCOMBE ROAD?

9 BALCOMBE ROAD is 74m², which includes two extensions, according to the EPC inspection conducted in November 2019. This puts it in the smallest 10% 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 9 BALCOMBE ROAD lies on this distribution: 4% of semi-detached houses houses are smaller than 9 BALCOMBE ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Horley.

9 BALCOMBE ROAD: Plot and Title Map

9 BALCOMBE ROAD sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 9 BALCOMBE 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 9 BALCOMBE 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 9 BALCOMBE ROAD?

9 BALCOMBE ROAD is located in HORLEY, in the RH6 postcode district. The below map shows the position of No. 9 on BALCOMBE ROAD.