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
42 CASTLE DRIVE is a large extended detached house of 140m², built sometime between 1967 and 1975. It was last sold for £499,950 in August 2014, which was around 18% below the average August 2014 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was July 2013, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 42 CASTLE DRIVE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. Both of the two 42 CASTLE DRIVE 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 |
---|---|---|---|
2014 14 AUG | £499,950 | £610,352 | 18% below HPI |
2007 22 AUG | £299,950 | £505,178 | 41% below 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 two 42 CASTLE DRIVE sales from August 2007 and August 2014 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 2007 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the August 2014 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.
42 CASTLE DRIVE is 140m², which includes two extensions, according to the EPC inspection conducted in July 2013. This puts it in the largest 40% of detached houses in Horley, based on EPC data. The below chart shows the distribution of detached houses by size in Horley, and where 42 CASTLE DRIVE lies on this distribution: 66% of detached houses are smaller than 42 CASTLE DRIVE, and 34% of houses are larger. Note that EPC data is not available for all properties in Horley.
42 CASTLE DRIVE sits on a plot of roughly 0.160 of an acre, or 647m². The below map shows the location of 42 CASTLE DRIVE, 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 42 CASTLE DRIVE). 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.
42 CASTLE DRIVE is located in HORLEY, in the RH6 postcode district. The below map shows the position of No. 42 on CASTLE DRIVE.