7, TARHAM CLOSE, HORLEY, RH6 8LD - £405,000

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.

7 TARHAM CLOSE is a small extended semi-detached house of 109m², built sometime between 1976 and 1982, which could now be worth an estimated £500,666. It was last sold for £405,000 in November 2018, which was around 10% below the average November 2018 semi-detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was August 2018, where the current energy rating was C, and the potential energy rating was B.

7 TARHAM CLOSE Sold Prices

Land registry data shows three sales for 7 TARHAM CLOSE 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. All of the three 7 TARHAM 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
2018 9 NOV	£405,000	£450,293	10% below HPI
2010 29 JAN	£250,000	£279,803	11% below HPI
2002 4 JAN	£164,000	£180,654	9% below HPI

7 TARHAM CLOSE 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 7 TARHAM CLOSE sales between January 2002 and November 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 January 2010 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the November 2018 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 7 TARHAM CLOSE be worth now?

7 TARHAM CLOSE might now be worth an estimated £500,666.

This is based on house price inflation of 23.6%, between November 2018 and April 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 23.6% inflationary increase is applied to the most recent sale price for 7 TARHAM CLOSE of £405,000 on 9th November 2018. For the value to have increased from £405,000 to £500,666 over the eight years and seven months to April 2026, the following assumptions must hold true:

• The value of 7 TARHAM CLOSE has moved in line with the HPI for semi-detached houses in the Reigate and Banstead local authority area.
• The November 2018 sale price of £405,000 represented a fair market value for the property.
• The size, condition, and specification of 7 TARHAM CLOSE has not materially changed since November 2018.

How Large is 7 TARHAM CLOSE?

7 TARHAM CLOSE is 109m², which includes one extension, according to the EPC inspection conducted in August 2018. This puts it in the smallest 40% 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 7 TARHAM CLOSE lies on this distribution: 35% of semi-detached houses houses are smaller than 7 TARHAM CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Horley.

7 TARHAM CLOSE: Plot and Title Map

7 TARHAM CLOSE sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 7 TARHAM 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 7 TARHAM 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 7 TARHAM CLOSE?

7 TARHAM CLOSE is located in HORLEY, in the RH6 postcode district. The below map shows the position of No. 7 on TARHAM CLOSE.