10, GRAYS WOOD, HORLEY, RH6 9UT - £440,000

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.

10 GRAYS WOOD is a midsized detached house of 131m², built sometime between 1991 and 1995, which could now be worth an estimated £753,379. It was last sold for £440,000 in November 2011, which was around 16% below the average November 2011 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was July 2011, where the current energy rating was E, and the potential energy rating was D.

10 GRAYS WOOD Sold Prices

Land registry data shows three sales for 10 GRAYS WOOD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. Two of the three 10 GRAYS WOOD sales were for below the average price, whilst one was for above 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 28 NOV	£440,000	£524,826	16% below HPI
2002 15 AUG	£334,950	£370,920	10% below HPI
1997 13 JAN	£172,000	£166,675	3% above HPI

10 GRAYS WOOD 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 three 10 GRAYS WOOD sales between January 1997 and November 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 August 2002 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the November 2011 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 10 GRAYS WOOD be worth now?

10 GRAYS WOOD might now be worth an estimated £753,379.

This is based on house price inflation of 71.2%, between November 2011 and February 2025, 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 71.2% inflationary increase is applied to the most recent sale price for 10 GRAYS WOOD of £440,000 on 28th November 2011. For the value to have increased from £440,000 to £753,379 over the fourteen years and nine months to February 2025, the following assumptions must hold true:

• The value of 10 GRAYS WOOD has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The November 2011 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of 10 GRAYS WOOD has not materially changed since November 2011.

How Large is 10 GRAYS WOOD?

10 GRAYS WOOD is 131m² according to the EPC inspection conducted in July 2011. This puts it in the largest 50% of detached houses houses in Horley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Horley, and where 10 GRAYS WOOD lies on this distribution: 59% of detached houses houses are smaller than 10 GRAYS WOOD, and 41% of houses are larger. Note that EPC data is not available for all properties in Horley.

10 GRAYS WOOD: Plot and Title Map

10 GRAYS WOOD sits on a plot of roughly 0.154 of an acre, or 622m². The below map shows the location of 10 GRAYS WOOD, 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 10 GRAYS WOOD). 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 10 GRAYS WOOD?

10 GRAYS WOOD is located in HORLEY, in the RH6 postcode district. The below map shows the position of No. 10 on GRAYS WOOD.