25, CLARENCE WAY, HORLEY, RH6 9GT - £527,000

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

25 CLARENCE WAY is a small extended detached house of 105m², built sometime between 1983 and 1990. It was last sold for £527,000 in February 2021, which was around 33% below the average February 2021 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

25 CLARENCE WAY Sold Prices

Land registry data shows two sales for 25 CLARENCE WAY 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 25 CLARENCE WAY 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
2021 17 FEB	£527,000	£788,381	33% below HPI
2006 10 FEB	£290,000	£423,491	32% below HPI

25 CLARENCE WAY 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 25 CLARENCE WAY sales from February 2006 and February 2021 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 February 2006 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the February 2021 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 25 CLARENCE WAY?

25 CLARENCE WAY is 105m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the smallest 40% of detached houses in Horley, based on EPC data. The below chart shows the distribution of detached houses by size in Horley, and where 25 CLARENCE WAY lies on this distribution: 33% of detached houses are smaller than 25 CLARENCE WAY, and 66% of houses are larger. Note that EPC data is not available for all properties in Horley.

25 CLARENCE WAY: Plot and Title Map

25 CLARENCE WAY sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of 25 CLARENCE WAY, 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 25 CLARENCE WAY). 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 25 CLARENCE WAY?

25 CLARENCE WAY is located in HORLEY, in the RH6 postcode district. The below map shows the position of No. 25 on CLARENCE WAY.