47, WELLINGTON WAY, HORLEY, RH6 8JL - £595,000

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

47 WELLINGTON WAY is a midsized detached house of 120m², built sometime between 1976 and 1982. It was last sold for £595,000 in November 2023, which was around 32% below the average November 2023 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was B.

47 WELLINGTON WAY Sold Prices

Land registry data shows four sales for 47 WELLINGTON WAY since 1^st 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 WELLINGTON 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
2023 20 NOV	£595,000	£875,566	32% below HPI
2000 15 MAY	£196,000	£264,219	26% below HPI
1997 27 OCT	£149,000	£184,894	19% below HPI
1996 31 OCT	£122,000	£153,386	20% below HPI

47 WELLINGTON WAY 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 four 47 WELLINGTON WAY sales between October 1996 and November 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 May 2000 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the November 2023 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 47 WELLINGTON WAY?

47 WELLINGTON WAY is 120m² according to the EPC inspection conducted in May 2023. This puts it in the smallest 50% 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 WELLINGTON WAY lies on this distribution: 48% of detached houses are smaller than 47 WELLINGTON WAY, and 51% of houses are larger. Note that EPC data is not available for all properties in Horley.

47 WELLINGTON WAY: Plot and Title Map

47 WELLINGTON WAY sits on a plot of roughly 0.107 of an acre, or 433m². The below map shows the location of 47 WELLINGTON 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 47 WELLINGTON 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 47 WELLINGTON WAY?

47 WELLINGTON WAY is located in HORLEY, in the RH6 postcode district. The below map shows the position of No. 47 on WELLINGTON WAY.