2, FAIRFIELD AVENUE, HORLEY, RH6 7PD - £525,000

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 FAIRFIELD AVENUE is a very small detached house of 65m², built sometime between 1950 and 1966, which could now be worth an estimated £511,974. It was last sold for £525,000 in July 2023, which was around 43% below the average July 2023 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

2 FAIRFIELD AVENUE Sold Prices

Land registry data shows two sales for 2 FAIRFIELD AVENUE 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 2 FAIRFIELD AVENUE 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
2023 17 JUL	£525,000	£921,483	43% below HPI
2015 27 MAR	£150,000	£675,217	78% below HPI

2 FAIRFIELD AVENUE 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 2 FAIRFIELD AVENUE sales from March 2015 and July 2023 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 March 2015 sale was for 78% below the HPI. So the extrapolation line tracks at 78% below the HPI over time, until the July 2023 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might 2 FAIRFIELD AVENUE be worth now?

2 FAIRFIELD AVENUE might now be worth an estimated £511,974.

This is based on house price deflation of 2.5%, between July 2023 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 2.5% deflationary decrease is applied to the most recent sale price for 2 FAIRFIELD AVENUE of £525,000 on 17th July 2023. For the value to have decreased from £525,000 to £511,974 over the two years and five months to February 2025, the following assumptions must hold true:

• The value of 2 FAIRFIELD AVENUE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The July 2023 sale price of £525,000 represented a fair market value for the property.
• The size, condition, and specification of 2 FAIRFIELD AVENUE has not materially changed since July 2023.

How Large is 2 FAIRFIELD AVENUE?

2 FAIRFIELD AVENUE is 65m² according to the EPC inspection conducted in July 2015. 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 FAIRFIELD AVENUE lies on this distribution: 2% of detached houses houses are smaller than 2 FAIRFIELD AVENUE, and 98% of houses are larger. Note that EPC data is not available for all properties in Horley.

2 FAIRFIELD AVENUE: Plot and Title Map

2 FAIRFIELD AVENUE sits on a plot of roughly 0.253 of an acre, or 1,022m². The below map shows the location of 2 FAIRFIELD AVENUE, 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 FAIRFIELD AVENUE). 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 FAIRFIELD AVENUE?

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