61, HORLEY ROAD, REDHILL, RH1 5AL - £220,000

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

61 HORLEY ROAD is a very small extended detached house of 89m², built sometime between 1950 and 1966. It was last sold for £220,000 in June 2004, which was around 46% below the average June 2004 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was September 2024, where the current energy rating was D, and the potential energy rating was C.

61 HORLEY ROAD Sold Prices

Land registry data shows two sales for 61 HORLEY ROAD 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 61 HORLEY 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
2004 22 JUN	£220,000	£403,750	46% below HPI
2000 14 JUL	£128,000	£278,089	54% below HPI

61 HORLEY ROAD 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 61 HORLEY ROAD sales from July 2000 and June 2004 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 July 2000 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the June 2004 sale, where it rises to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 61 HORLEY ROAD?

61 HORLEY ROAD is 89m², which includes one extension, according to the EPC inspection conducted in September 2024. This puts it in the smallest 20% of detached houses in Redhill, based on EPC data. The below chart shows the distribution of detached houses by size in Redhill, and where 61 HORLEY ROAD lies on this distribution: 15% of detached houses are smaller than 61 HORLEY ROAD, and 85% of houses are larger. Note that EPC data is not available for all properties in Redhill.

61 HORLEY ROAD: Plot and Title Map

61 HORLEY ROAD sits on a plot of roughly 0.187 of an acre, or 757m². The below map shows the location of 61 HORLEY 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 61 HORLEY 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.

Where is 61 HORLEY ROAD?

61 HORLEY ROAD is located in REDHILL, in the RH1 postcode district. The below map shows the position of No. 61 on HORLEY ROAD.