21, LEE STREET, HORLEY, RH6 8EH - £250,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

21 LEE STREET is a very small detached house of 86m², built sometime between 1950 and 1966. It was last sold for £250,000 in November 2011, which was around 50% below the average November 2011 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was C.

21 LEE STREET Sold Prices

Land registry data shows two sales for 21 LEE STREET 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 21 LEE STREET 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
2011 18 NOV	£250,000	£500,375	50% below HPI
2002 30 AUG	£158,000	£353,639	55% below HPI

21 LEE STREET 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 21 LEE STREET sales from August 2002 and November 2011 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 August 2002 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the November 2011 sale, where it rises to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is 21 LEE STREET?

21 LEE STREET is 86m² according to the EPC inspection conducted in February 2011. This puts it in the smallest 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 21 LEE STREET lies on this distribution: 11% of detached houses are smaller than 21 LEE STREET, and 89% of houses are larger. Note that EPC data is not available for all properties in Horley.

21 LEE STREET: Plot and Title Map

21 LEE STREET sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 21 LEE STREET, 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 21 LEE STREET). 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 21 LEE STREET?

21 LEE STREET is located in HORLEY, in the RH6 postcode district. The below map shows the position of No. 21 on LEE STREET.