7, JENNINGS WAY, HORLEY, RH6 9SF - £390,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 JENNINGS WAY is a midsized detached house of 117m², built sometime between 1996 and 2002, which could now be worth an estimated £780,918. It was last sold for £390,000 in July 2009, which was around 14% below the average July 2009 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was February 2009, where the current energy rating was C, and the potential energy rating was C.

7 JENNINGS WAY Sold Prices

Land registry data shows three sales for 7 JENNINGS WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. All of the three 7 JENNINGS 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
2009 24 JUL	£390,000	£454,097	14% below HPI
2007 15 JUN	£360,000	£506,351	29% below HPI
2001 28 SEP	£249,000	£329,961	25% below HPI

7 JENNINGS 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 three 7 JENNINGS WAY sales between September 2001 and July 2009 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 June 2007 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the July 2009 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 7 JENNINGS WAY be worth now?

7 JENNINGS WAY might now be worth an estimated £780,918.

This is based on house price inflation of 100.2%, between July 2009 and March 2025, for detached houses, in the Reigate and Banstead local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 100.2% inflationary increase is applied to the most recent sale price for 7 JENNINGS WAY of £390,000 on 24th July 2009. For the value to have increased from £390,000 to £780,918 over the sixteen years and four months to March 2025, the following assumptions must hold true:

• The value of 7 JENNINGS WAY has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The July 2009 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 7 JENNINGS WAY has not materially changed since July 2009.

How Large is 7 JENNINGS WAY?

7 JENNINGS WAY is 117m² according to the EPC inspection conducted in February 2009. This puts it in the smallest 50% of detached houses houses in Horley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Horley, and where 7 JENNINGS WAY lies on this distribution: 46% of detached houses houses are smaller than 7 JENNINGS WAY, and 54% of houses are larger. Note that EPC data is not available for all properties in Horley.

7 JENNINGS WAY: Plot and Title Map

7 JENNINGS WAY sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 7 JENNINGS 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 7 JENNINGS 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 7 JENNINGS WAY?

7 JENNINGS WAY is located in HORLEY, in the RH6 postcode district. The below map shows the position of No. 7 on JENNINGS WAY.