23, LARKSFIELD, HORLEY, RH6 9ET - £280,000

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.

23 LARKSFIELD is a very small extended semi-detached house of 88m², built sometime between 1996 and 2002, which could now be worth an estimated £501,884. It was last sold for £280,000 in August 2012, which was around 7% below the average August 2012 semi-detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was D.

23 LARKSFIELD Sold Prices

Land registry data shows three sales for 23 LARKSFIELD 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. Two of the three 23 LARKSFIELD sales were for below the average price, whilst one was 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
2012 10 AUG	£280,000	£302,531	7% below HPI
2001 21 AUG	£173,000	£174,644	1% below HPI
1998 12 JUN	£120,000	£115,215	4% above HPI

23 LARKSFIELD 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 23 LARKSFIELD sales between June 1998 and August 2012 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 August 2001 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the August 2012 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 23 LARKSFIELD be worth now?

23 LARKSFIELD might now be worth an estimated £501,884.

This is based on house price inflation of 79.2%, between August 2012 and May 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 79.2% inflationary increase is applied to the most recent sale price for 23 LARKSFIELD of £280,000 on 10th August 2012. For the value to have increased from £280,000 to £501,884 over the fourteen years and three months to May 2026, the following assumptions must hold true:

• The value of 23 LARKSFIELD has moved in line with the HPI for semi-detached houses in the Reigate and Banstead local authority area.
• The August 2012 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 23 LARKSFIELD has not materially changed since August 2012.

How Large is 23 LARKSFIELD?

23 LARKSFIELD is 88m², which includes one extension, according to the EPC inspection conducted in March 2012. This puts it in the smallest 20% 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 23 LARKSFIELD lies on this distribution: 12% of semi-detached houses houses are smaller than 23 LARKSFIELD, and 88% of houses are larger. Note that EPC data is not available for all properties in Horley.

23 LARKSFIELD: Plot and Title Map

23 LARKSFIELD sits on a plot of roughly 0.047 of an acre, or 192m². The below map shows the location of 23 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 23 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 23 LARKSFIELD?

23 LARKSFIELD is located in HORLEY, in the RH6 postcode district. The below map shows the position of No. 23 on LARKSFIELD.