12, HERITAGE LAWN, HORLEY, RH6 9XH - £525,000

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.

12 HERITAGE LAWN is a large detached house of 157m², built sometime between 1983 and 1990, which could now be worth an estimated £633,957. It was last sold for £525,000 in May 2016, which was around 29% below the average May 2016 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

12 HERITAGE LAWN Sold Prices

Land registry data shows two sales for 12 HERITAGE LAWN 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 12 HERITAGE LAWN 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
2016 24 MAY	£525,000	£744,176	29% below HPI
1998 23 JUL	£189,950	£214,776	12% below HPI

12 HERITAGE LAWN 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 12 HERITAGE LAWN sales from July 1998 and May 2016 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 July 1998 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the May 2016 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 12 HERITAGE LAWN be worth now?

12 HERITAGE LAWN might now be worth an estimated £633,957.

This is based on house price inflation of 20.8%, between May 2016 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 20.8% inflationary increase is applied to the most recent sale price for 12 HERITAGE LAWN of £525,000 on 24th May 2016. For the value to have increased from £525,000 to £633,957 over the nine years and three months to February 2025, the following assumptions must hold true:

• The value of 12 HERITAGE LAWN has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The May 2016 sale price of £525,000 represented a fair market value for the property.
• The size, condition, and specification of 12 HERITAGE LAWN has not materially changed since May 2016.

How Large is 12 HERITAGE LAWN?

12 HERITAGE LAWN is 157m² according to the EPC inspection conducted in March 2016. This puts it in the largest 30% 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 12 HERITAGE LAWN lies on this distribution: 76% of detached houses houses are smaller than 12 HERITAGE LAWN, and 23% of houses are larger. Note that EPC data is not available for all properties in Horley.

12 HERITAGE LAWN: Plot and Title Map

12 HERITAGE LAWN sits on a plot of roughly 0.122 of an acre, or 493m². The below map shows the location of 12 HERITAGE LAWN, 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 12 HERITAGE LAWN). 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 12 HERITAGE LAWN?

12 HERITAGE LAWN is located in HORLEY, in the RH6 postcode district. The below map shows the position of No. 12 on HERITAGE LAWN.