12, LECHFORD ROAD, HORLEY, RH6 7NB - £462,000

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

12 LECHFORD ROAD is a midsized extended detached house of 121m², built sometime between 1950 and 1966. It was last sold for £462,000 in October 2020, which was around 42% below the average October 2020 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was July 2017, where the current energy rating was E, and the potential energy rating was B.

12 LECHFORD ROAD Sold Prices

Land registry data shows two sales for 12 LECHFORD ROAD 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 LECHFORD 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 1 OCT	£462,000	£799,947	42% below HPI
2001 8 NOV	£215,000	£319,193	33% below HPI

12 LECHFORD 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 two 12 LECHFORD ROAD sales from November 2001 and October 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 2001 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the October 2020 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 12 LECHFORD ROAD?

12 LECHFORD ROAD is 121m², which includes one extension, according to the EPC inspection conducted in July 2017. This puts it in the smallest 50% of detached houses in Horley, based on EPC data. The below chart shows the distribution of detached houses by size in Horley, and where 12 LECHFORD ROAD lies on this distribution: 49% of detached houses are smaller than 12 LECHFORD ROAD, and 50% of houses are larger. Note that EPC data is not available for all properties in Horley.

12 LECHFORD ROAD: Plot and Title Map

12 LECHFORD ROAD sits on a plot of roughly 0.120 of an acre, or 487m². The below map shows the location of 12 LECHFORD 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 12 LECHFORD 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 12 LECHFORD ROAD?

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