7, WESTLEAS, HORLEY, RH6 8AF - £445,000

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

7 WESTLEAS is a small extended detached house of 100m², built sometime between 1967 and 1975. It was last sold for £445,000 in October 2016, which was around 40% below the average October 2016 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was C.

7 WESTLEAS Sold Prices

Land registry data shows three sales for 7 WESTLEAS 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 WESTLEAS 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 21 OCT	£445,000	£743,384	40% below HPI
2012 30 MAY	£290,000	£501,698	42% below HPI
1995 28 JUL	£50,000	£147,160	66% below HPI

7 WESTLEAS 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 WESTLEAS sales between July 1995 and October 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 May 2012 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the October 2016 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 7 WESTLEAS?

7 WESTLEAS is 100m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the smallest 30% 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 WESTLEAS lies on this distribution: 26% of detached houses are smaller than 7 WESTLEAS, and 73% of houses are larger. Note that EPC data is not available for all properties in Horley.

7 WESTLEAS: Plot and Title Map

7 WESTLEAS sits on a plot of roughly 0.085 of an acre, or 344m². The below map shows the location of 7 WESTLEAS, 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 WESTLEAS). 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 WESTLEAS?

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