9, NEWMAN ROAD, HORLEY, RH6 9JB - £300,000

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 NEWMAN ROAD is a very small extended semi-detached house of 90m², built sometime between 2007 and 2011, which could now be worth an estimated £390,230. It was last sold for £300,000 in August 2015, which was around 26% below the average August 2015 semi-detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was January 2021, where the current energy rating was C, and the potential energy rating was B.

9 NEWMAN ROAD Sold Prices

Land registry data shows two sales for 9 NEWMAN ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Reigate and Banstead local authority area for the corresponding sale date. Both of the two 9 NEWMAN 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
2015 6 AUG	£300,000	£406,596	26% below HPI
2011 10 MAR	£79,995	£286,716	72% below HPI

9 NEWMAN ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Reigate and Banstead local authority area over time, sourced from the HPI. The two 9 NEWMAN ROAD sales from March 2011 and August 2015 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 March 2011 sale was for 72% below the HPI. So the extrapolation line tracks at 72% below the HPI over time, until the August 2015 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 9 NEWMAN ROAD be worth now?

9 NEWMAN ROAD might now be worth an estimated £390,230.

This is based on house price inflation of 30.1%, between August 2015 and February 2025, for semi-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 30.1% inflationary increase is applied to the most recent sale price for 9 NEWMAN ROAD of £300,000 on 6th August 2015. For the value to have increased from £300,000 to £390,230 over the ten years and six months to February 2025, the following assumptions must hold true:

• The value of 9 NEWMAN ROAD has moved in line with the HPI for semi-detached houses in the Reigate and Banstead local authority area.
• The August 2015 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 9 NEWMAN ROAD has not materially changed since August 2015.

How Large is 9 NEWMAN ROAD?

9 NEWMAN ROAD is 90m², which includes one extension, according to the EPC inspection conducted in January 2021. This puts it in the smallest 20% of semi-detached houses houses in Horley, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Horley, and where 9 NEWMAN ROAD lies on this distribution: 13% of semi-detached houses houses are smaller than 9 NEWMAN ROAD, and 85% of houses are larger. Note that EPC data is not available for all properties in Horley.

9 NEWMAN ROAD: Plot and Title Map

9 NEWMAN ROAD sits on a plot of roughly 0.048 of an acre, or 193m². The below map shows the location of 9 NEWMAN 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 9 NEWMAN 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 9 NEWMAN ROAD?

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