10, RAINBOW CLOSE, HORLEY, RH6 9QQ - £470,000

10 RAINBOW CLOSE is a very small detached house of 78m², built sometime between 2007 and 2011. It was last sold for £470,000 in October 2022, which was around 48% below the average October 2022 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.

10 RAINBOW CLOSE Sold Prices

Land registry data shows three sales for 10 RAINBOW 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 10 RAINBOW 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
2022 21 OCT	£470,000	£909,549	48% below HPI
2013 29 NOV	£295,000	£548,482	46% below HPI
2009 23 SEP	£278,200	£449,199	38% below HPI

10 RAINBOW 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 10 RAINBOW CLOSE sales between September 2009 and October 2022 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 2013 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the October 2022 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 10 RAINBOW CLOSE?

10 RAINBOW CLOSE is 78m² according to the EPC inspection conducted in July 2022. This puts it in the smallest 10% of detached houses in Horley, based on EPC data. The below chart shows the distribution of detached houses by size in Horley, and where 10 RAINBOW CLOSE lies on this distribution: 5% of detached houses are smaller than 10 RAINBOW CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Horley.

10 RAINBOW CLOSE: Plot and Title Map

10 RAINBOW CLOSE sits on a plot of roughly 0.039 of an acre, or 157m². The below map shows the location of 10 RAINBOW 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 10 RAINBOW 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 10 RAINBOW CLOSE?

10 RAINBOW CLOSE is located in HORLEY, in the RH6 postcode district. The below map shows the position of No. 10 on RAINBOW CLOSE.