40, THOMAS WATERS WAY, HORLEY, RH6 9FZ - £452,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

40 THOMAS WATERS WAY is a small semi-detached house of 97m², which could now be worth an estimated £472,670. It was last sold for £452,000 in May 2022, which was around 11% below the average May 2022 semi-detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was September 2016, where the current energy rating was B, and the potential energy rating was A.

40 THOMAS WATERS WAY Sold Prices

Land registry data shows two sales for 40 THOMAS WATERS WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Reigate and Banstead local authority area for the corresponding sale date. Both of the two 40 THOMAS WATERS 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
2022 31 MAY	£452,000	£505,759	11% below HPI
2016 30 SEP	£375,950	£443,945	15% below HPI

40 THOMAS WATERS WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Reigate and Banstead local authority area over time, sourced from the HPI. The two 40 THOMAS WATERS WAY sales from September 2016 and May 2022 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 September 2016 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the May 2022 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 40 THOMAS WATERS WAY be worth now?

40 THOMAS WATERS WAY might now be worth an estimated £472,670.

This is based on house price inflation of 4.6%, between May 2022 and February 2025, for semi-detached houses, in the Reigate and Banstead local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.6% inflationary increase is applied to the most recent sale price for 40 THOMAS WATERS WAY of £452,000 on 31st May 2022. For the value to have increased from £452,000 to £472,670 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of 40 THOMAS WATERS WAY has moved in line with the HPI for semi-detached houses in the Reigate and Banstead local authority area.
• The May 2022 sale price of £452,000 represented a fair market value for the property.
• The size, condition, and specification of 40 THOMAS WATERS WAY has not materially changed since May 2022.

How Large is 40 THOMAS WATERS WAY?

40 THOMAS WATERS WAY is 97m² according to the EPC inspection conducted in September 2016. This puts it in the smallest 30% of semi-detached houses houses in Horley, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Horley, and where 40 THOMAS WATERS WAY lies on this distribution: 24% of semi-detached houses houses are smaller than 40 THOMAS WATERS WAY, and 75% of houses are larger. Note that EPC data is not available for all properties in Horley.

40 THOMAS WATERS WAY: Plot and Title Map

40 THOMAS WATERS WAY sits on a plot of roughly 1.0 acres, or 4,184m². The below map shows the location of 40 THOMAS WATERS 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 40 THOMAS WATERS 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 40 THOMAS WATERS WAY?

40 THOMAS WATERS WAY is located in HORLEY, in the RH6 postcode district. The below map shows the position of No. 40 on THOMAS WATERS WAY.