25, GRASSMERE, HORLEY, RH6 9UG - £325,000

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.

25 GRASSMERE is a very small terraced house of 69m², built sometime between 1983 and 1990, which could now be worth an estimated £394,255. It was last sold for £325,000 in March 2020, which was around 11% below the average March 2020 terraced price in the Reigate and Banstead local authority area. The most recent EPC inspection was July 2019, where the current energy rating was C, and the potential energy rating was B.

25 GRASSMERE Sold Prices

Land registry data shows two sales for 25 GRASSMERE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Reigate and Banstead local authority area for the corresponding sale date. Both of the two 25 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
2020 9 MAR	£325,000	£364,385	11% below HPI
2004 31 AUG	£183,000	£201,753	9% below HPI

25 GRASSMERE 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 two 25 GRASSMERE sales from August 2004 and March 2020 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 2004 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the March 2020 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 25 GRASSMERE be worth now?

25 GRASSMERE might now be worth an estimated £394,255.

This is based on house price inflation of 21.3%, between March 2020 and April 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 21.3% inflationary increase is applied to the most recent sale price for 25 GRASSMERE of £325,000 on 9th March 2020. For the value to have increased from £325,000 to £394,255 over the five years and eleven months to April 2026, the following assumptions must hold true:

• The value of 25 GRASSMERE has moved in line with the HPI for terraced houses in the Reigate and Banstead local authority area.
• The March 2020 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 25 GRASSMERE has not materially changed since March 2020.

How Large is 25 GRASSMERE?

25 GRASSMERE is 69m² according to the EPC inspection conducted in July 2019. 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 25 GRASSMERE lies on this distribution: 2% of terraced houses houses are smaller than 25 GRASSMERE, and 98% of houses are larger. Note that EPC data is not available for all properties in Horley.

25 GRASSMERE: Plot and Title Map

25 GRASSMERE sits on a plot of roughly 0.032 of an acre, or 129m². The below map shows the location of 25 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 25 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 25 GRASSMERE?

25 GRASSMERE is located in HORLEY, in the RH6 postcode district. The below map shows the position of No. 25 on GRASSMERE.