31, THE CLOSE, HORLEY, RH6 9EB - £342,500

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.

31 THE CLOSE is a detached house, which could now be worth an estimated £402,561. It was last sold for £342,500 in May 2018, which was around 56% below the average May 2018 detached price in the Reigate and Banstead local authority area.

31 THE CLOSE Sold Prices

Land registry data shows two sales for 31 THE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. Both of the two 31 THE 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 31 MAY	£342,500	£783,610	56% below HPI
2000 14 JAN	£185,000	£263,145	30% below HPI

What might 31 THE CLOSE be worth now?

31 THE CLOSE might now be worth an estimated £402,561.

This is based on house price inflation of 17.5%, between May 2018 and May 2026, for 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 17.5% inflationary increase is applied to the most recent sale price for 31 THE CLOSE of £342,500 on 31st May 2018. For the value to have increased from £342,500 to £402,561 over the eight years to May 2026, the following assumptions must hold true:

• The value of 31 THE CLOSE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The May 2018 sale price of £342,500 represented a fair market value for the property.
• The size, condition, and specification of 31 THE CLOSE has not materially changed since May 2018.

Where is 31 THE CLOSE?

31 THE CLOSE is located in HORLEY, in the RH6 postcode district.