8, CHESTERS, HORLEY, RH6 8BP - £482,500

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.

8 CHESTERS is a very small extended semi-detached house of 87m², built sometime between 1967 and 1975, which could now be worth an estimated £479,457. It was last sold for £482,500 in October 2022, which was around 12% below the average October 2022 semi-detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was July 2015, where the current energy rating was B, and the potential energy rating was A.

8 CHESTERS Sold Prices

Land registry data shows two sales for 8 CHESTERS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Reigate and Banstead local authority area for the corresponding sale date. Both of the two 8 CHESTERS 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
2022 12 OCT	£482,500	£545,711	12% below HPI
2000 30 OCT	£151,250	£161,655	6% below HPI

8 CHESTERS 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 two 8 CHESTERS sales from October 2000 and October 2022 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 October 2000 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the October 2022 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 8 CHESTERS be worth now?

8 CHESTERS might now be worth an estimated £479,457.

This is based on house price deflation of 0.6%, between October 2022 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 0.6% deflationary decrease is applied to the most recent sale price for 8 CHESTERS of £482,500 on 12th October 2022. For the value to have decreased from £482,500 to £479,457 over the four years and five months to May 2026, the following assumptions must hold true:

• The value of 8 CHESTERS has moved in line with the HPI for semi-detached houses in the Reigate and Banstead local authority area.
• The October 2022 sale price of £482,500 represented a fair market value for the property.
• The size, condition, and specification of 8 CHESTERS has not materially changed since October 2022.

How Large is 8 CHESTERS?

8 CHESTERS is 87m², which includes one extension, according to the EPC inspection conducted in July 2015. 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 8 CHESTERS lies on this distribution: 11% of semi-detached houses houses are smaller than 8 CHESTERS, and 88% of houses are larger. Note that EPC data is not available for all properties in Horley.

8 CHESTERS: Plot and Title Map

8 CHESTERS sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of 8 CHESTERS, 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 8 CHESTERS). 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 8 CHESTERS?

8 CHESTERS is located in HORLEY, in the RH6 postcode district. The below map shows the position of No. 8 on CHESTERS.