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

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.

21 LEE STREET is a very small detached house of 86m², built sometime between 1950 and 1966, which could now be worth an estimated £428,056. It was last sold for £250,000 in November 2011, which was around 52% 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	£524,826	52% below HPI
2002 30 AUG	£158,000	£370,920	57% 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 57% below the HPI. So the extrapolation line tracks at 57% below the HPI over time, until the November 2011 sale, where it rises to 52% below the HPI. The line then continues to track at 52% below the HPI.

What might 21 LEE STREET be worth now?

21 LEE STREET might now be worth an estimated £428,056.

This is based on house price inflation of 71.2%, between November 2011 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 71.2% inflationary increase is applied to the most recent sale price for 21 LEE STREET of £250,000 on 18th November 2011. For the value to have increased from £250,000 to £428,056 over the fourteen years and nine months to February 2025, the following assumptions must hold true:

• The value of 21 LEE STREET has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The November 2011 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 21 LEE STREET has not materially changed since November 2011.

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 houses in Horley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Horley, and where 21 LEE STREET lies on this distribution: 11% of detached houses 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.