9, JENNINGS WAY, HORLEY, RH6 9SF - £500,000

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.

9 JENNINGS WAY is a very large detached house of 171m², built sometime between 1996 and 2002, which could now be worth an estimated £729,018. It was last sold for £500,000 in June 2014, which was around 19% below the average June 2014 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was July 2009, where the current energy rating was D, and the potential energy rating was C.

9 JENNINGS WAY Sold Prices

Land registry data shows four sales for 9 JENNINGS WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. All of the four 9 JENNINGS 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
2014 12 JUN	£500,000	£616,322	19% below HPI
2009 2 OCT	£410,000	£476,317	14% below HPI
2006 13 APR	£370,000	£445,970	17% below HPI
2001 28 SEP	£294,000	£329,961	11% below HPI

9 JENNINGS WAY 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 four 9 JENNINGS WAY sales between September 2001 and June 2014 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 October 2009 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the June 2014 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 9 JENNINGS WAY be worth now?

9 JENNINGS WAY might now be worth an estimated £729,018.

This is based on house price inflation of 45.8%, between June 2014 and February 2025, for detached 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 45.8% inflationary increase is applied to the most recent sale price for 9 JENNINGS WAY of £500,000 on 12th June 2014. For the value to have increased from £500,000 to £729,018 over the eleven years and four months to February 2025, the following assumptions must hold true:

• The value of 9 JENNINGS WAY has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The June 2014 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 9 JENNINGS WAY has not materially changed since June 2014.

How Large is 9 JENNINGS WAY?

9 JENNINGS WAY is 171m² according to the EPC inspection conducted in July 2009. This puts it in the largest 20% of detached houses houses in Horley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Horley, and where 9 JENNINGS WAY lies on this distribution: 84% of detached houses houses are smaller than 9 JENNINGS WAY, and 16% of houses are larger. Note that EPC data is not available for all properties in Horley.

9 JENNINGS WAY: Plot and Title Map

9 JENNINGS WAY sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 9 JENNINGS 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 9 JENNINGS 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 9 JENNINGS WAY?

9 JENNINGS WAY is located in HORLEY, in the RH6 postcode district. The below map shows the position of No. 9 on JENNINGS WAY.