48, FAIRFIELD AVENUE, HORLEY, RH6 7PD - £290,000

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

48 FAIRFIELD AVENUE is a very large detached house of 168m², built sometime between 1930 and 1949. It was last sold for £290,000 in May 2005, which was around 31% below the average May 2005 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was C.

48 FAIRFIELD AVENUE Sold Prices

Land registry data shows two sales for 48 FAIRFIELD AVENUE since 1^st 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 48 FAIRFIELD AVENUE 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
2005 20 MAY	£290,000	£418,371	31% below HPI
2005 5 APR	£295,000	£408,957	28% below HPI

48 FAIRFIELD AVENUE 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 two 48 FAIRFIELD AVENUE sales from April 2005 and May 2005 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 April 2005 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the May 2005 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 48 FAIRFIELD AVENUE?

48 FAIRFIELD AVENUE is 168m² according to the EPC inspection conducted in June 2015. 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 48 FAIRFIELD AVENUE lies on this distribution: 82% of detached houses are smaller than 48 FAIRFIELD AVENUE, and 17% of houses are larger. Note that EPC data is not available for all properties in Horley.

48 FAIRFIELD AVENUE: Plot and Title Map

48 FAIRFIELD AVENUE sits on a plot of roughly 0.176 of an acre, or 711m². The below map shows the location of 48 FAIRFIELD AVENUE, 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 48 FAIRFIELD AVENUE). 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 48 FAIRFIELD AVENUE?

48 FAIRFIELD AVENUE is located in HORLEY, in the RH6 postcode district. The below map shows the position of No. 48 on FAIRFIELD AVENUE.