5, WEST MEADS, HORLEY, RH6 9AF - £718,000

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

5 WEST MEADS is a very large extended detached house of 217m², built sometime between 1996 and 2002. It was last sold for £718,000 in May 2019, which was around 3% below the average May 2019 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was C.

5 WEST MEADS Sold Prices

Land registry data shows two sales for 5 WEST MEADS 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. One of the two 5 WEST MEADS sales was for below the average price, whilst the other was for above 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
2019 23 MAY	£718,000	£740,849	3% below HPI
2000 10 NOV	£400,000	£292,493	37% above HPI

5 WEST MEADS 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 5 WEST MEADS sales from November 2000 and May 2019 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 November 2000 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the May 2019 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 5 WEST MEADS?

5 WEST MEADS is 217m², which includes one extension, according to the EPC inspection conducted in November 2018. This puts it in the largest 10% of detached houses in Horley, based on EPC data. The below chart shows the distribution of detached houses by size in Horley, and where 5 WEST MEADS lies on this distribution: 96% of detached houses are smaller than 5 WEST MEADS, and 4% of houses are larger. Note that EPC data is not available for all properties in Horley.

5 WEST MEADS: Plot and Title Map

5 WEST MEADS sits on a plot of roughly 0.163 of an acre, or 659m². The below map shows the location of 5 WEST MEADS, 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 5 WEST MEADS). 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 5 WEST MEADS?

5 WEST MEADS is located in HORLEY, in the RH6 postcode district. The below map shows the position of No. 5 on WEST MEADS.