1, HUTCHINS WAY, HORLEY, RH6 8JN - £475,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 HUTCHINS WAY is a large extended detached house of 137m², built sometime between 1976 and 1982. It was last sold for £475,000 in July 2013, which was around 12% below the average July 2013 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was September 2012, where the current energy rating was C, and the potential energy rating was B.

1 HUTCHINS WAY Sold Prices

Land registry data shows two sales for 1 HUTCHINS WAY 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 1 HUTCHINS WAY 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
2013 3 JUL	£475,000	£542,585	12% below HPI
2005 16 DEC	£295,000	£415,586	29% below HPI

1 HUTCHINS WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Reigate and Banstead local authority area over time, sourced from the HPI. The two 1 HUTCHINS WAY sales from December 2005 and July 2013 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 2005 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the July 2013 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 1 HUTCHINS WAY?

1 HUTCHINS WAY is 137m², which includes one extension, according to the EPC inspection conducted in September 2012. This puts it in the largest 40% of detached houses in Horley, based on EPC data. The below chart shows the distribution of detached houses by size in Horley, and where 1 HUTCHINS WAY lies on this distribution: 63% of detached houses are smaller than 1 HUTCHINS WAY, and 37% of houses are larger. Note that EPC data is not available for all properties in Horley.

1 HUTCHINS WAY: Plot and Title Map

1 HUTCHINS WAY sits on a plot of roughly 0.177 of an acre, or 718m². The below map shows the location of 1 HUTCHINS WAY, 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 1 HUTCHINS WAY). 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 1 HUTCHINS WAY?

1 HUTCHINS WAY is located in HORLEY, in the RH6 postcode district. The below map shows the position of No. 1 on HUTCHINS WAY.