Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
6 COPSE LANE is a very small detached house of 90m², built sometime between 1983 and 1990. It was last sold for £460,000 in February 2023, which was around 48% below the average February 2023 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 6 COPSE LANE 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 6 COPSE LANE 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 3 FEB | £460,000 | £880,205 | 48% below HPI |
2016 12 AUG | £390,000 | £750,545 | 48% below HPI |
2009 16 JAN | £215,000 | £434,417 | 51% below HPI |
2001 31 MAY | £148,500 | £298,998 | 50% 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 6 COPSE LANE sales between May 2001 and February 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 August 2016 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the February 2023 sale, which was also at 48% below the HPI.
6 COPSE LANE is 90m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 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 6 COPSE LANE lies on this distribution: 14% of detached houses are smaller than 6 COPSE LANE, and 84% of houses are larger. Note that EPC data is not available for all properties in Horley.
6 COPSE LANE sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 6 COPSE LANE, 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 6 COPSE LANE). 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.
6 COPSE LANE is located in HORLEY, in the RH6 postcode district. The below map shows the position of No. 6 on COPSE LANE.