23, PINE GARDENS, HORLEY, RH6 7RA - £450,000

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 PINE GARDENS is a midsized extended terraced house of 117m², built sometime between 1991 and 1995, which could now be worth an estimated £502,382. It was last sold for £450,000 in January 2021, which was around 17% above the average January 2021 terraced price in the Reigate and Banstead local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

23 PINE GARDENS Sold Prices

Land registry data shows four sales for 23 PINE GARDENS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Reigate and Banstead local authority area for the corresponding sale date. Most of the four 23 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
2021 7 JAN	£450,000	£385,159	17% above HPI
2013 3 MAY	£247,500	£250,504	1% below HPI
1999 4 MAY	£134,000	£94,161	42% above HPI
1997 30 MAY	£115,000	£74,464	54% above HPI

23 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 four 23 PINE GARDENS sales between May 1997 and January 2021 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 May 2013 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the January 2021 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 23 PINE GARDENS be worth now?

23 PINE GARDENS might now be worth an estimated £502,382.

This is based on house price inflation of 11.6%, between January 2021 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 11.6% inflationary increase is applied to the most recent sale price for 23 PINE GARDENS of £450,000 on 7th January 2021. For the value to have increased from £450,000 to £502,382 over the four years and eight months to May 2026, the following assumptions must hold true:

• The value of 23 PINE GARDENS has moved in line with the HPI for terraced houses in the Reigate and Banstead local authority area.
• The January 2021 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 23 PINE GARDENS has not materially changed since January 2021.

How Large is 23 PINE GARDENS?

23 PINE GARDENS is 117m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the smallest 50% 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 23 PINE GARDENS lies on this distribution: 45% of terraced houses houses are smaller than 23 PINE GARDENS, and 54% of houses are larger. Note that EPC data is not available for all properties in Horley.

23 PINE GARDENS: Plot and Title Map

23 PINE GARDENS sits on a plot of roughly 0.050 of an acre, or 204m². The below map shows the location of 23 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 23 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 23 PINE GARDENS?

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