7, RAILFIELD GARDENS, HORLEY, RH6 9FY - £285,000

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

7 RAILFIELD GARDENS is a very small detached house of 63m². It was last sold for £285,000 in May 2016, which was around 60% below the average May 2016 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was July 2014, where the current energy rating was C, and the potential energy rating was B.

7 RAILFIELD GARDENS Sold Prices

Land registry data shows two sales for 7 RAILFIELD GARDENS 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 7 RAILFIELD GARDENS 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
2016 25 MAY	£285,000	£709,506	60% below HPI
2014 13 AUG	£227,995	£610,352	63% below HPI

7 RAILFIELD GARDENS 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 7 RAILFIELD GARDENS sales from August 2014 and May 2016 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 2014 sale was for 63% below the HPI. So the extrapolation line tracks at 63% below the HPI over time, until the May 2016 sale, where it rises to 60% below the HPI. The line then continues to track at 60% below the HPI.

How Large is 7 RAILFIELD GARDENS?

7 RAILFIELD GARDENS is 63m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 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 7 RAILFIELD GARDENS lies on this distribution: 2% of detached houses are smaller than 7 RAILFIELD GARDENS, and 98% of houses are larger. Note that EPC data is not available for all properties in Horley.

7 RAILFIELD GARDENS: Plot and Title Map

7 RAILFIELD GARDENS sits on a plot of roughly 0.026 of an acre, or 107m². The below map shows the location of 7 RAILFIELD GARDENS, 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 RAILFIELD GARDENS). 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 RAILFIELD GARDENS?

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