9, SPIERS FARM CLOSE, HORLEY, RH6 7BW - £299,950

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 SPIERS FARM CLOSE is a small semi-detached house of 94m², which could now be worth an estimated £414,525. It was last sold for £299,950 in November 2014, which was around 22% below the average November 2014 semi-detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was June 2009, where the current energy rating was B, and the potential energy rating was B.

9 SPIERS FARM CLOSE Sold Prices

Land registry data shows three sales for 9 SPIERS FARM CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Reigate and Banstead local authority area for the corresponding sale date. All of the three 9 SPIERS FARM 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
2014 21 NOV	£299,950	£382,702	22% below HPI
2013 19 APR	£282,000	£302,741	7% below HPI
2010 30 SEP	£259,950	£293,108	11% below HPI

9 SPIERS FARM CLOSE 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 three 9 SPIERS FARM CLOSE sales between September 2010 and November 2014 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 April 2013 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the November 2014 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 9 SPIERS FARM CLOSE be worth now?

9 SPIERS FARM CLOSE might now be worth an estimated £414,525.

This is based on house price inflation of 38.2%, between November 2014 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 38.2% inflationary increase is applied to the most recent sale price for 9 SPIERS FARM CLOSE of £299,950 on 21st November 2014. For the value to have increased from £299,950 to £414,525 over the eleven years and nine months to February 2025, the following assumptions must hold true:

• The value of 9 SPIERS FARM CLOSE has moved in line with the HPI for semi-detached houses in the Reigate and Banstead local authority area.
• The November 2014 sale price of £299,950 represented a fair market value for the property.
• The size, condition, and specification of 9 SPIERS FARM CLOSE has not materially changed since November 2014.

How Large is 9 SPIERS FARM CLOSE?

9 SPIERS FARM CLOSE is 94m² according to the EPC inspection conducted in June 2009. This puts it in the smallest 30% 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 SPIERS FARM CLOSE lies on this distribution: 20% of semi-detached houses houses are smaller than 9 SPIERS FARM CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Horley.

9 SPIERS FARM CLOSE: Plot and Title Map

9 SPIERS FARM CLOSE sits on a plot of roughly 0.055 of an acre, or 222m². The below map shows the location of 9 SPIERS FARM 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 SPIERS FARM 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 SPIERS FARM CLOSE?

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