5, HARDY CLOSE, HORLEY, RH6 8SL - £195,000

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.

5 HARDY CLOSE is a very small terraced house of 56m², built sometime between 1991 and 1995, which could now be worth an estimated £349,455. It was last sold for £195,000 in January 2011, which was around 19% below the average January 2011 terraced price in the Reigate and Banstead local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was B.

5 HARDY CLOSE Sold Prices

Land registry data shows three sales for 5 HARDY CLOSE 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 5 HARDY CLOSE 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
2011 26 JAN	£195,000	£241,246	19% below HPI
1999 10 DEC	£97,500	£109,855	11% below HPI
1995 28 APR	£63,000	£67,330	6% below HPI

5 HARDY CLOSE 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 5 HARDY CLOSE sales between April 1995 and January 2011 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 1999 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the January 2011 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 5 HARDY CLOSE be worth now?

5 HARDY CLOSE might now be worth an estimated £349,455.

This is based on house price inflation of 79.2%, between January 2011 and June 2025, 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 79.2% inflationary increase is applied to the most recent sale price for 5 HARDY CLOSE of £195,000 on 26th January 2011. For the value to have increased from £195,000 to £349,455 over the thirteen years and seven months to June 2025, the following assumptions must hold true:

• The value of 5 HARDY CLOSE has moved in line with the HPI for terraced houses in the Reigate and Banstead local authority area.
• The January 2011 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 5 HARDY CLOSE has not materially changed since January 2011.

How Large is 5 HARDY CLOSE?

5 HARDY CLOSE is 56m² according to the EPC inspection conducted in February 2018. 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 5 HARDY CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 5 HARDY CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Horley.

5 HARDY CLOSE: Plot and Title Map

5 HARDY CLOSE sits on a plot of roughly 0.035 of an acre, or 142m². The below map shows the location of 5 HARDY CLOSE, 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 5 HARDY CLOSE). 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 5 HARDY CLOSE?

5 HARDY CLOSE is located in HORLEY, in the RH6 postcode district. The below map shows the position of No. 5 on HARDY CLOSE.