70, SAREL WAY, HORLEY, RH6 8EW - £327,500

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.

70 SAREL WAY is a very small terraced house of 84m², built sometime between 1967 and 1975, which could now be worth an estimated £375,238. It was last sold for £327,500 in July 2021, which was around 13% below the average July 2021 terraced price in the Reigate and Banstead local authority area. The most recent EPC inspection was May 2021, where the current energy rating was C, and the potential energy rating was B.

70 SAREL WAY Sold Prices

Land registry data shows two sales for 70 SAREL WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Reigate and Banstead local authority area for the corresponding sale date. Both of the two 70 SAREL 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
2021 23 JUL	£327,500	£375,132	13% below HPI
2006 15 JUN	£196,000	£212,402	8% below HPI

70 SAREL WAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Reigate and Banstead local authority area over time, sourced from the HPI. The two 70 SAREL WAY sales from June 2006 and July 2021 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 2006 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the July 2021 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 70 SAREL WAY be worth now?

70 SAREL WAY might now be worth an estimated £375,238.

This is based on house price inflation of 14.6%, between July 2021 and July 2025, for terraced 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 14.6% inflationary increase is applied to the most recent sale price for 70 SAREL WAY of £327,500 on 23rd July 2021. For the value to have increased from £327,500 to £375,238 over the four years to July 2025, the following assumptions must hold true:

• The value of 70 SAREL WAY has moved in line with the HPI for terraced houses in the Reigate and Banstead local authority area.
• The July 2021 sale price of £327,500 represented a fair market value for the property.
• The size, condition, and specification of 70 SAREL WAY has not materially changed since July 2021.

How Large is 70 SAREL WAY?

70 SAREL WAY is 84m² according to the EPC inspection conducted in May 2021. This puts it in the smallest 10% of terraced houses houses in Horley, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Horley, and where 70 SAREL WAY lies on this distribution: 9% of terraced houses houses are smaller than 70 SAREL WAY, and 91% of houses are larger. Note that EPC data is not available for all properties in Horley.

70 SAREL WAY: Plot and Title Map

70 SAREL WAY sits on a plot of roughly 0.054 of an acre, or 220m². The below map shows the location of 70 SAREL 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 70 SAREL 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 70 SAREL WAY?

70 SAREL WAY is located in HORLEY, in the RH6 postcode district. The below map shows the position of No. 70 on SAREL WAY.