18, PINE GARDENS, HORLEY, RH6 7RH - £375,000

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.

18 PINE GARDENS is a small extended terraced house of 97m², built sometime between 1991 and 1995, which could now be worth an estimated £449,310. It was last sold for £375,000 in January 2018, which was around 4% above the average January 2018 terraced price in the Reigate and Banstead local authority area. The most recent EPC inspection was June 2017, where the current energy rating was C, and the potential energy rating was B.

18 PINE GARDENS Sold Prices

Land registry data shows three sales for 18 PINE GARDENS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Reigate and Banstead local authority area for the corresponding sale date. All of the three 18 PINE GARDENS sales were for above 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
2018 31 JAN	£375,000	£358,878	4% above HPI
2011 9 DEC	£241,000	£236,947	2% above HPI
2002 15 AUG	£205,000	£158,537	29% above HPI

18 PINE GARDENS 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 three 18 PINE GARDENS sales between August 2002 and January 2018 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 2011 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the January 2018 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 18 PINE GARDENS be worth now?

18 PINE GARDENS might now be worth an estimated £449,310.

This is based on house price inflation of 19.8%, between January 2018 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 19.8% inflationary increase is applied to the most recent sale price for 18 PINE GARDENS of £375,000 on 31st January 2018. For the value to have increased from £375,000 to £449,310 over the seven years and eight months to May 2026, the following assumptions must hold true:

• The value of 18 PINE GARDENS has moved in line with the HPI for terraced houses in the Reigate and Banstead local authority area.
• The January 2018 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 18 PINE GARDENS has not materially changed since January 2018.

How Large is 18 PINE GARDENS?

18 PINE GARDENS is 97m², which includes two extensions, according to the EPC inspection conducted in June 2017. This puts it in the smallest 30% 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 18 PINE GARDENS lies on this distribution: 23% of terraced houses houses are smaller than 18 PINE GARDENS, and 76% of houses are larger. Note that EPC data is not available for all properties in Horley.

18 PINE GARDENS: Plot and Title Map

18 PINE GARDENS sits on a plot of roughly 0.028 of an acre, or 114m². The below map shows the location of 18 PINE GARDENS, 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 18 PINE GARDENS). 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 18 PINE GARDENS?

18 PINE GARDENS is located in HORLEY, in the RH6 postcode district. The below map shows the position of No. 18 on PINE GARDENS.