OAKFIELD, WEATHERHILL CLOSE, HORLEY, RH6 9LU - £570,000

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.

OAKFIELD is a very large extended detached house of 186m², built sometime between 1967 and 1975, which could now be worth an estimated £691,976. It was last sold for £570,000 in January 2016, which was around 23% below the average January 2016 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was C.

OAKFIELD Sold Prices

Land registry data shows two sales for OAKFIELD 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. One of the two OAKFIELD 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
2016 8 JAN	£570,000	£740,218	23% below HPI
2009 17 SEP	£485,000	£471,149	3% above HPI

OAKFIELD 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 OAKFIELD sales from September 2009 and January 2016 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 September 2009 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the January 2016 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might OAKFIELD be worth now?

OAKFIELD might now be worth an estimated £691,976.

This is based on house price inflation of 21.4%, between January 2016 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 21.4% inflationary increase is applied to the most recent sale price for OAKFIELD of £570,000 on 8th January 2016. For the value to have increased from £570,000 to £691,976 over the eight years and eleven months to February 2025, the following assumptions must hold true:

• The value of OAKFIELD has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The January 2016 sale price of £570,000 represented a fair market value for the property.
• The size, condition, and specification of OAKFIELD has not materially changed since January 2016.

How Large is OAKFIELD?

OAKFIELD is 186m², which includes two extensions, according to the EPC inspection conducted in February 2017. This puts it in the largest 10% of detached houses houses in Smallfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Smallfield, and where OAKFIELD lies on this distribution: 92% of detached houses houses are smaller than OAKFIELD, and 8% of houses are larger. Note that EPC data is not available for all properties in Smallfield.

OAKFIELD: Plot and Title Map

OAKFIELD sits on a plot of roughly 0.947 of an acre, or 3,832m². The below map shows the location of OAKFIELD, 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 OAKFIELD). 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 OAKFIELD?

OAKFIELD is located on WEATHERHILL CLOSE in HORLEY, in the RH6 postcode district. The below map shows the position of OAKFIELD on WEATHERHILL CLOSE.