117, HORLEY ROAD, REDHILL, RH1 5AS - £324,000

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

117 HORLEY ROAD is a very large extended detached house of 193m², built sometime between 1930 and 1949. It was last sold for £324,000 in August 2006, which was around 26% below the average August 2006 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was B.

117 HORLEY ROAD Sold Prices

Land registry data shows three sales for 117 HORLEY ROAD 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. All of the three 117 HORLEY ROAD 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
2006 29 AUG	£324,000	£437,262	26% below HPI
2005 22 FEB	£315,000	£408,447	23% below HPI
1997 10 OCT	£150,000	£184,894	19% below HPI

117 HORLEY ROAD 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 117 HORLEY ROAD sales between October 1997 and August 2006 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 February 2005 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the August 2006 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 117 HORLEY ROAD?

117 HORLEY ROAD is 193m², which includes one extension, according to the EPC inspection conducted in February 2023. This puts it in the largest 20% of detached houses in Redhill, based on EPC data. The below chart shows the distribution of detached houses by size in Redhill, and where 117 HORLEY ROAD lies on this distribution: 83% of detached houses are smaller than 117 HORLEY ROAD, and 17% of houses are larger. Note that EPC data is not available for all properties in Redhill.

117 HORLEY ROAD: Plot and Title Map

117 HORLEY ROAD sits on a plot of roughly 0.111 of an acre, or 451m². The below map shows the location of 117 HORLEY ROAD, 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 117 HORLEY ROAD). 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 117 HORLEY ROAD?

117 HORLEY ROAD is located in REDHILL, in the RH1 postcode district. The below map shows the position of No. 117 on HORLEY ROAD.