118, BALCOMBE ROAD, HORLEY, RH6 9BW - £550,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

118 BALCOMBE ROAD is a large detached house of 141m², built sometime between 1950 and 1966. It was last sold for £550,000 in March 2020, which was around 28% below the average March 2020 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was March 2011, where the current energy rating was E, and the potential energy rating was E.

118 BALCOMBE ROAD Sold Prices

Land registry data shows three sales for 118 BALCOMBE 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 118 BALCOMBE 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
2020 26 MAR	£550,000	£763,212	28% below HPI
2002 1 NOV	£346,000	£378,124	8% below HPI
2000 7 JAN	£110,000	£250,885	56% below HPI

118 BALCOMBE 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 118 BALCOMBE ROAD sales between January 2000 and March 2020 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 November 2002 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the March 2020 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 118 BALCOMBE ROAD?

118 BALCOMBE ROAD is 141m² according to the EPC inspection conducted in March 2011. 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 118 BALCOMBE ROAD lies on this distribution: 67% of detached houses are smaller than 118 BALCOMBE ROAD, and 33% of houses are larger. Note that EPC data is not available for all properties in Horley.

118 BALCOMBE ROAD: Plot and Title Map

118 BALCOMBE ROAD sits on a plot of roughly 0.156 of an acre, or 631m². The below map shows the location of 118 BALCOMBE 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 118 BALCOMBE 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 118 BALCOMBE ROAD?

118 BALCOMBE ROAD is located in HORLEY, in the RH6 postcode district. The below map shows the position of No. 118 on BALCOMBE ROAD.