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
3 RAYMER WALK is a very large extended detached house of 168m², built sometime between 1996 and 2002. It was last sold for £720,000 in May 2021, which was around 7% below the average May 2021 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was August 2017, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 3 RAYMER WALK since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. One of the four 3 RAYMER WALK sales was for below the average price, whilst two were for above 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 14 MAY | £720,000 | £776,526 | 7% below HPI |
2002 29 APR | £333,000 | £333,304 | Close to HPI |
2000 12 APR | £290,000 | £265,362 | 9% above HPI |
1997 27 JUN | £177,500 | £169,001 | 5% above HPI |
The below graph shows the average detached house price in the Reigate and Banstead local authority area over time, sourced from the HPI. The four 3 RAYMER WALK sales between June 1997 and May 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 April 2002 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the May 2021 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.
3 RAYMER WALK is 168m², which includes one extension, according to the EPC inspection conducted in August 2017. This puts it in the largest 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 3 RAYMER WALK lies on this distribution: 82% of detached houses are smaller than 3 RAYMER WALK, and 17% of houses are larger. Note that EPC data is not available for all properties in Horley.
3 RAYMER WALK sits on a plot of roughly 0.105 of an acre, or 424m². The below map shows the location of 3 RAYMER WALK, 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 3 RAYMER WALK). 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.
3 RAYMER WALK is located in HORLEY, in the RH6 postcode district. The below map shows the position of No. 3 on RAYMER WALK.