9, MALLARD CLOSE, HORLEY, RH6 8QW - £480,000

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 MALLARD CLOSE is a small extended detached house of 96m², built sometime between 1996 and 2002, which could now be worth an estimated £526,243. It was last sold for £480,000 in June 2021, which was around 41% below the average June 2021 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was C.

9 MALLARD CLOSE Sold Prices

Land registry data shows three sales for 9 MALLARD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. All of the three 9 MALLARD 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
2021 24 JUN	£480,000	£819,655	41% below HPI
2014 21 NOV	£395,000	£678,921	42% below HPI
1997 28 FEB	£129,950	£167,996	23% below HPI

9 MALLARD 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 three 9 MALLARD CLOSE sales between February 1997 and June 2021 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 November 2014 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the June 2021 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 9 MALLARD CLOSE be worth now?

9 MALLARD CLOSE might now be worth an estimated £526,243.

This is based on house price inflation of 9.6%, between June 2021 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 9.6% inflationary increase is applied to the most recent sale price for 9 MALLARD CLOSE of £480,000 on 24th June 2021. For the value to have increased from £480,000 to £526,243 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 9 MALLARD CLOSE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The June 2021 sale price of £480,000 represented a fair market value for the property.
• The size, condition, and specification of 9 MALLARD CLOSE has not materially changed since June 2021.

How Large is 9 MALLARD CLOSE?

9 MALLARD CLOSE is 96m², which includes one extension, according to the EPC inspection conducted in August 2014. 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 9 MALLARD CLOSE lies on this distribution: 23% of detached houses houses are smaller than 9 MALLARD CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Horley.

9 MALLARD CLOSE: Plot and Title Map

9 MALLARD CLOSE sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 9 MALLARD 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 9 MALLARD 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 9 MALLARD CLOSE?

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