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
87 CASTLE DRIVE is a small detached house of 100m², built sometime between 1930 and 1949. It was last sold for £512,000 in April 2022, which was around 39% below the average April 2022 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was February 2021, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows two sales for 87 CASTLE DRIVE since 1st 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 87 CASTLE DRIVE 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 |
---|---|---|---|
2022 4 APR | £512,000 | £842,019 | 39% below HPI |
2021 22 DEC | £450,000 | £833,277 | 46% below HPI |
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 87 CASTLE DRIVE sales from December 2021 and April 2022 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 December 2021 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the April 2022 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.
87 CASTLE DRIVE is 100m² according to the EPC inspection conducted in February 2021. 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 87 CASTLE DRIVE lies on this distribution: 26% of detached houses are smaller than 87 CASTLE DRIVE, and 73% of houses are larger. Note that EPC data is not available for all properties in Horley.
87 CASTLE DRIVE sits on a plot of roughly 0.135 of an acre, or 545m². The below map shows the location of 87 CASTLE DRIVE, 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 87 CASTLE DRIVE). 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.
87 CASTLE DRIVE is located in HORLEY, in the RH6 postcode district. The below map shows the position of No. 87 on CASTLE DRIVE.