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
47 LUMLEY ROAD is a very large detached house of 181m², built sometime between 1930 and 1949. It was last sold for £610,000 in October 2021, which was around 25% below the average October 2021 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 47 LUMLEY ROAD 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. All of the four 47 LUMLEY 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 |
---|---|---|---|
2021 28 OCT | £610,000 | £818,601 | 25% below HPI |
2015 26 JUN | £500,000 | £661,308 | 24% below HPI |
2013 1 NOV | £490,000 | £548,482 | 11% below HPI |
2000 24 NOV | £200,000 | £292,493 | 32% 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 four 47 LUMLEY ROAD sales between November 2000 and October 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 June 2015 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the October 2021 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.
47 LUMLEY ROAD is 181m² according to the EPC inspection conducted in September 2021. 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 47 LUMLEY ROAD lies on this distribution: 86% of detached houses are smaller than 47 LUMLEY ROAD, and 14% of houses are larger. Note that EPC data is not available for all properties in Horley.
47 LUMLEY ROAD sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 47 LUMLEY 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 47 LUMLEY 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.
47 LUMLEY ROAD is located in HORLEY, in the RH6 postcode district. The below map shows the position of No. 47 on LUMLEY ROAD.