4, WATER VIEW, HORLEY, RH6 9GW - £400,000

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

4 WATER VIEW is a very small detached house of 78m², built sometime between 1991 and 1995. It was last sold for £400,000 in December 2020, which was around 51% below the average December 2020 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was B.

4 WATER VIEW Sold Prices

Land registry data shows three sales for 4 WATER VIEW 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 4 WATER VIEW 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
2020 8 DEC	£400,000	£808,161	51% below HPI
2014 18 FEB	£325,000	£568,248	43% below HPI
2000 24 NOV	£169,000	£292,493	42% below HPI

4 WATER VIEW 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 4 WATER VIEW sales between November 2000 and December 2020 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 2014 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the December 2020 sale, where it falls to 51% below the HPI. The line then continues to track at 51% below the HPI.

How Large is 4 WATER VIEW?

4 WATER VIEW is 78m² according to the EPC inspection conducted in January 2020. 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 4 WATER VIEW lies on this distribution: 5% of detached houses are smaller than 4 WATER VIEW, and 95% of houses are larger. Note that EPC data is not available for all properties in Horley.

4 WATER VIEW: Plot and Title Map

4 WATER VIEW sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 4 WATER VIEW, 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 4 WATER VIEW). 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 4 WATER VIEW?

4 WATER VIEW is located in HORLEY, in the RH6 postcode district. The below map shows the position of No. 4 on WATER VIEW.