2, ARNE GROVE, HORLEY, RH6 8DQ - £475,000

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.

2 ARNE GROVE is a very small detached house of 78m², built sometime between 1967 and 1975, which could now be worth an estimated £537,359. It was last sold for £475,000 in November 2019, which was around 40% below the average November 2019 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was June 2010, where the current energy rating was E, and the potential energy rating was C.

2 ARNE GROVE Sold Prices

Land registry data shows three sales for 2 ARNE GROVE 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 2 ARNE GROVE 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 29 NOV	£475,000	£794,338	40% below HPI
2010 27 SEP	£280,000	£527,104	47% below HPI
2009 1 APR	£249,950	£433,764	42% below HPI

2 ARNE GROVE 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 2 ARNE GROVE sales between April 2009 and November 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 September 2010 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the November 2019 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 2 ARNE GROVE be worth now?

2 ARNE GROVE might now be worth an estimated £537,359.

This is based on house price inflation of 13.1%, between November 2019 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 13.1% inflationary increase is applied to the most recent sale price for 2 ARNE GROVE of £475,000 on 29th November 2019. For the value to have increased from £475,000 to £537,359 over the six years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 ARNE GROVE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The November 2019 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ARNE GROVE has not materially changed since November 2019.

How Large is 2 ARNE GROVE?

2 ARNE GROVE is 78m² according to the EPC inspection conducted in June 2010. This puts it in the smallest 10% 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 2 ARNE GROVE lies on this distribution: 5% of detached houses houses are smaller than 2 ARNE GROVE, and 95% of houses are larger. Note that EPC data is not available for all properties in Horley.

2 ARNE GROVE: Plot and Title Map

2 ARNE GROVE sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 2 ARNE GROVE, 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 2 ARNE GROVE). 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 2 ARNE GROVE?

2 ARNE GROVE is located in HORLEY, in the RH6 postcode district. The below map shows the position of No. 2 on ARNE GROVE.