14, BANKS CLOSE, HORLEY, RH6 8GF - £750,000

14 BANKS CLOSE is a large detached house of 142m². It was last sold for £750,000 in December 2023, which was around 14% below the average December 2023 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was September 2017, where the current energy rating was B, and the potential energy rating was B.

14 BANKS CLOSE Sold Prices

Land registry data shows two sales for 14 BANKS CLOSE 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 14 BANKS 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
2023 6 DEC	£750,000	£875,365	14% below HPI
2017 14 DEC	£610,000	£750,432	19% below HPI

14 BANKS 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 two 14 BANKS CLOSE sales from December 2017 and December 2023 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 December 2017 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the December 2023 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 14 BANKS CLOSE?

14 BANKS CLOSE is 142m² according to the EPC inspection conducted in September 2017. This puts it in the largest 40% of detached houses in Horley, based on EPC data. The below chart shows the distribution of detached houses by size in Horley, and where 14 BANKS CLOSE lies on this distribution: 67% of detached houses are smaller than 14 BANKS CLOSE, and 32% of houses are larger. Note that EPC data is not available for all properties in Horley.

14 BANKS CLOSE: Plot and Title Map

14 BANKS CLOSE sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 14 BANKS 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 14 BANKS 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 14 BANKS CLOSE?

14 BANKS CLOSE is located in HORLEY, in the RH6 postcode district. The below map shows the position of No. 14 on BANKS CLOSE.