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
12 WEST MEADS is a very large extended detached house of 175m², built sometime between 1996 and 2002. It was last sold for £677,500 in June 2019, which was around 9% below the average June 2019 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was January 2019, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows two sales for 12 WEST MEADS since 1st 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. One of the two 12 WEST MEADS sales was for below the average price, whilst the other 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 |
---|---|---|---|
2019 28 JUN | £677,500 | £744,883 | 9% below HPI |
2000 24 NOV | £362,000 | £292,493 | 24% above HPI |
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 WEST MEADS sales from November 2000 and June 2019 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 2000 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the June 2019 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.
12 WEST MEADS is 175m², which includes two extensions, according to the EPC inspection conducted in January 2019. This puts it in the largest 20% 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 WEST MEADS lies on this distribution: 85% of detached houses are smaller than 12 WEST MEADS, and 15% of houses are larger. Note that EPC data is not available for all properties in Horley.
12 WEST MEADS sits on a plot of roughly 0.170 of an acre, or 688m². The below map shows the location of 12 WEST MEADS, 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 WEST MEADS). 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.
12 WEST MEADS is located in HORLEY, in the RH6 postcode district. The below map shows the position of No. 12 on WEST MEADS.