32, GROVE ROAD, HORLEY, RH6 8EL - £495,000

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

32 GROVE ROAD is a small detached house of 96m², built sometime between 1983 and 1990. It was last sold for £495,000 in October 2023, which was around 44% below the average October 2023 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was January 2018, where the current energy rating was C, and the potential energy rating was B.

32 GROVE ROAD Sold Prices

Land registry data shows three sales for 32 GROVE ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. All of the three 32 GROVE ROAD 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
2023 13 OCT	£495,000	£888,551	44% below HPI
2018 29 AUG	£443,000	£774,595	43% below HPI
2005 28 APR	£260,000	£408,957	36% below HPI

32 GROVE ROAD 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 three 32 GROVE ROAD sales between April 2005 and October 2023 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 2018 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the October 2023 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 32 GROVE ROAD?

32 GROVE ROAD is 96m² according to the EPC inspection conducted in January 2018. This puts it in the smallest 30% of detached houses in Horley, based on EPC data. The below chart shows the distribution of detached houses by size in Horley, and where 32 GROVE ROAD lies on this distribution: 23% of detached houses are smaller than 32 GROVE ROAD, and 76% of houses are larger. Note that EPC data is not available for all properties in Horley.

32 GROVE ROAD: Plot and Title Map

32 GROVE ROAD sits on a plot of roughly 0.093 of an acre, or 374m². The below map shows the location of 32 GROVE ROAD, 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 32 GROVE ROAD). 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 32 GROVE ROAD?

32 GROVE ROAD is located in HORLEY, in the RH6 postcode district. The below map shows the position of No. 32 on GROVE ROAD.