2, EWELANDS, HORLEY, RH6 9XD - £385,000

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

2 EWELANDS is a midsized extended detached house of 115m², built sometime between 1983 and 1990. It was last sold for £385,000 in February 2015, which was around 40% below the average February 2015 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.

2 EWELANDS Sold Prices

Land registry data shows three sales for 2 EWELANDS 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 EWELANDS 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
2015 19 FEB	£385,000	£639,823	40% below HPI
2004 22 SEP	£295,000	£413,457	29% below HPI
2003 24 SEP	£249,000	£393,652	37% below HPI

2 EWELANDS 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 EWELANDS sales between September 2003 and February 2015 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 2004 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the February 2015 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 2 EWELANDS?

2 EWELANDS is 115m², which includes one extension, according to the EPC inspection conducted in July 2022. 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 2 EWELANDS lies on this distribution: 43% of detached houses are smaller than 2 EWELANDS, and 56% of houses are larger. Note that EPC data is not available for all properties in Horley.

2 EWELANDS: Plot and Title Map

2 EWELANDS sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 2 EWELANDS, 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 EWELANDS). 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 EWELANDS?

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