14, GRASSMERE, HORLEY, RH6 9UG - £220,000

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.

14 GRASSMERE is a very small extended semi-detached house of 47m², built sometime between 1983 and 1990, which could now be worth an estimated £272,714. It was last sold for £220,000 in January 2019, which was around 51% below the average January 2019 semi-detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

14 GRASSMERE Sold Prices

Land registry data shows three sales for 14 GRASSMERE 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 14 GRASSMERE 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
2019 25 JAN	£220,000	£449,059	51% below HPI
2004 30 JUL	£142,000	£247,894	43% below HPI
1999 8 JUL	£74,000	£126,153	41% below HPI

14 GRASSMERE 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 14 GRASSMERE sales between July 1999 and January 2019 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 July 2004 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the January 2019 sale, where it falls to 51% below the HPI. The line then continues to track at 51% below the HPI.

What might 14 GRASSMERE be worth now?

14 GRASSMERE might now be worth an estimated £272,714.

This is based on house price inflation of 24%, between January 2019 and April 2026, 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 24% inflationary increase is applied to the most recent sale price for 14 GRASSMERE of £220,000 on 25th January 2019. For the value to have increased from £220,000 to £272,714 over the six years and nine months to April 2026, the following assumptions must hold true:

• The value of 14 GRASSMERE has moved in line with the HPI for semi-detached houses in the Reigate and Banstead local authority area.
• The January 2019 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 14 GRASSMERE has not materially changed since January 2019.

How Large is 14 GRASSMERE?

14 GRASSMERE is 47m², which includes one extension, according to the EPC inspection conducted in June 2021. This puts it in the smallest 10% 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 14 GRASSMERE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 14 GRASSMERE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Horley.

14 GRASSMERE: Plot and Title Map

14 GRASSMERE sits on a plot of roughly 0.030 of an acre, or 122m². The below map shows the location of 14 GRASSMERE, 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 GRASSMERE). 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 GRASSMERE?

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