27, CLARENCE WAY, HORLEY, RH6 9GT - £355,000

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

27 CLARENCE WAY is a very small detached house of 80m², built sometime between 1996 and 2002. It was last sold for £355,000 in December 2018, which was around 53% below the average December 2018 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was June 2010, where the current energy rating was D, and the potential energy rating was C.

27 CLARENCE WAY Sold Prices

Land registry data shows five sales for 27 CLARENCE WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. All of the five 27 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
2018 20 DEC	£355,000	£757,057	53% below HPI
2013 31 MAY	£275,000	£523,176	47% below HPI
2007 19 OCT	£288,000	£508,583	43% below HPI
2002 29 APR	£184,950	£333,304	45% below HPI
1998 15 APR	£117,000	£194,362	40% below HPI

27 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 five 27 CLARENCE WAY sales between April 1998 and December 2018 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 May 2013 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the December 2018 sale, where it falls to 53% below the HPI. The line then continues to track at 53% below the HPI.

How Large is 27 CLARENCE WAY?

27 CLARENCE WAY is 80m² according to the EPC inspection conducted in June 2010. This puts it in the smallest 10% of detached houses in Horley, based on EPC data. The below chart shows the distribution of detached houses by size in Horley, and where 27 CLARENCE WAY lies on this distribution: 6% of detached houses are smaller than 27 CLARENCE WAY, and 94% of houses are larger. Note that EPC data is not available for all properties in Horley.

27 CLARENCE WAY: Plot and Title Map

27 CLARENCE WAY sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 27 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 27 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 27 CLARENCE WAY?

27 CLARENCE WAY is located in HORLEY, in the RH6 postcode district. The below map shows the position of No. 27 on CLARENCE WAY.