16, LARKSFIELD, HORLEY, RH6 9ET - £335,000

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.

16 LARKSFIELD is a very small terraced house of 59m², built sometime between 1996 and 2002, which could now be worth an estimated £341,560. It was last sold for £335,000 in February 2023, which was around 21% below the average February 2023 terraced price in the Reigate and Banstead local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was B.

16 LARKSFIELD Sold Prices

Land registry data shows five sales for 16 LARKSFIELD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Reigate and Banstead local authority area for the corresponding sale date. Most of the five 16 LARKSFIELD 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 3 FEB	£335,000	£421,735	21% below HPI
2019 1 NOV	£285,000	£362,440	21% below HPI
2003 19 SEP	£161,500	£181,468	11% below HPI
2001 29 JUN	£120,000	£134,515	11% below HPI
1997 12 DEC	£88,995	£85,170	4% above HPI

16 LARKSFIELD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Reigate and Banstead local authority area over time, sourced from the HPI. The five 16 LARKSFIELD sales between December 1997 and February 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 November 2019 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the February 2023 sale, which was also at 21% below the HPI.

What might 16 LARKSFIELD be worth now?

16 LARKSFIELD might now be worth an estimated £341,560.

This is based on house price inflation of 2%, between February 2023 and May 2026, for terraced 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 2% inflationary increase is applied to the most recent sale price for 16 LARKSFIELD of £335,000 on 3rd February 2023. For the value to have increased from £335,000 to £341,560 over the two years and nine months to May 2026, the following assumptions must hold true:

• The value of 16 LARKSFIELD has moved in line with the HPI for terraced houses in the Reigate and Banstead local authority area.
• The February 2023 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of 16 LARKSFIELD has not materially changed since February 2023.

How Large is 16 LARKSFIELD?

16 LARKSFIELD is 59m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 10% of terraced houses houses in Horley, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Horley, and where 16 LARKSFIELD lies on this distribution: 1% of terraced houses houses are smaller than 16 LARKSFIELD, and 99% of houses are larger. Note that EPC data is not available for all properties in Horley.

16 LARKSFIELD: Plot and Title Map

16 LARKSFIELD sits on a plot of roughly 0.022 of an acre, or 90m². The below map shows the location of 16 LARKSFIELD, 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 16 LARKSFIELD). 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 16 LARKSFIELD?

16 LARKSFIELD is located in HORLEY, in the RH6 postcode district. The below map shows the position of No. 16 on LARKSFIELD.