12, HATCHGATE, HORLEY, RH6 7EA - £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.

12 HATCHGATE is a midsized detached house of 127m², built sometime between 1967 and 1975, which could now be worth an estimated £632,315. It was last sold for £570,000 in June 2021, which was around 30% below the average June 2021 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was November 2020, where the current energy rating was E, and the potential energy rating was C.

12 HATCHGATE Sold Prices

Land registry data shows two sales for 12 HATCHGATE 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. Both of the two 12 HATCHGATE 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 18 JUN	£570,000	£819,655	30% below HPI
2004 13 JAN	£339,950	£409,035	17% below HPI

12 HATCHGATE 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 12 HATCHGATE sales from January 2004 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 January 2004 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the June 2021 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 12 HATCHGATE be worth now?

12 HATCHGATE might now be worth an estimated £632,315.

This is based on house price inflation of 10.9%, between June 2021 and March 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 10.9% inflationary increase is applied to the most recent sale price for 12 HATCHGATE of £570,000 on 18th June 2021. For the value to have increased from £570,000 to £632,315 over the four years and three months to March 2025, the following assumptions must hold true:

• The value of 12 HATCHGATE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The June 2021 sale price of £570,000 represented a fair market value for the property.
• The size, condition, and specification of 12 HATCHGATE has not materially changed since June 2021.

How Large is 12 HATCHGATE?

12 HATCHGATE is 127m² according to the EPC inspection conducted in November 2020. This puts it in the largest 50% 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 12 HATCHGATE lies on this distribution: 54% of detached houses houses are smaller than 12 HATCHGATE, and 44% of houses are larger. Note that EPC data is not available for all properties in Horley.

12 HATCHGATE: Plot and Title Map

12 HATCHGATE sits on a plot of roughly 0.147 of an acre, or 593m². The below map shows the location of 12 HATCHGATE, 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 12 HATCHGATE). 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 12 HATCHGATE?

12 HATCHGATE is located in HORLEY, in the RH6 postcode district. The below map shows the position of No. 12 on HATCHGATE.