15, LANGWOOD DRIVE, HORLEY, RH6 9FH - £475,000

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

15 LANGWOOD DRIVE is a midsized detached house of 115m². It was last sold for £475,000 in April 2019, which was around 35% below the average April 2019 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was November 2015, where the current energy rating was B, and the potential energy rating was A.

15 LANGWOOD DRIVE Sold Prices

Land registry data shows two sales for 15 LANGWOOD DRIVE 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 15 LANGWOOD DRIVE 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
2019 11 APR	£475,000	£735,378	35% below HPI
2015 3 DEC	£455,000	£700,556	35% below HPI

15 LANGWOOD DRIVE 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 15 LANGWOOD DRIVE sales from December 2015 and April 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 December 2015 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the April 2019 sale, which was also at 35% below the HPI.

How Large is 15 LANGWOOD DRIVE?

15 LANGWOOD DRIVE is 115m² according to the EPC inspection conducted in November 2015. 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 15 LANGWOOD DRIVE lies on this distribution: 43% of detached houses are smaller than 15 LANGWOOD DRIVE, and 56% of houses are larger. Note that EPC data is not available for all properties in Horley.

15 LANGWOOD DRIVE: Plot and Title Map

15 LANGWOOD DRIVE sits on a plot of roughly 0.067 of an acre, or 269m². The below map shows the location of 15 LANGWOOD DRIVE, 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 15 LANGWOOD DRIVE). 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 15 LANGWOOD DRIVE?

15 LANGWOOD DRIVE is located in HORLEY, in the RH6 postcode district. The below map shows the position of No. 15 on LANGWOOD DRIVE.