87, LUMLEY ROAD, HORLEY, RH6 7JF - £325,000

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

87 LUMLEY ROAD is a very small detached house of 86m², built sometime between 1900 and 1929. It was last sold for £325,000 in March 2013, which was around 38% below the average March 2013 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was C.

87 LUMLEY ROAD Sold Prices

Land registry data shows three sales for 87 LUMLEY ROAD 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 87 LUMLEY ROAD 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
2013 15 MAR	£325,000	£525,681	38% below HPI
2004 16 FEB	£249,950	£394,660	37% below HPI
1997 7 JUL	£94,000	£176,211	47% below HPI

87 LUMLEY ROAD 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 87 LUMLEY ROAD sales between July 1997 and March 2013 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 February 2004 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the March 2013 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 87 LUMLEY ROAD?

87 LUMLEY ROAD is 86m² according to the EPC inspection conducted in March 2023. This puts it in the smallest 20% 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 LUMLEY ROAD lies on this distribution: 10% of detached houses are smaller than 87 LUMLEY ROAD, and 89% of houses are larger. Note that EPC data is not available for all properties in Horley.

87 LUMLEY ROAD: Plot and Title Map

87 LUMLEY ROAD sits on a plot of roughly 0.100 of an acre, or 405m². The below map shows the location of 87 LUMLEY ROAD, 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 LUMLEY ROAD). 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 87 LUMLEY ROAD?

87 LUMLEY ROAD is located in HORLEY, in the RH6 postcode district. The below map shows the position of No. 87 on LUMLEY ROAD.