9, WHEATFIELD WAY, HORLEY, RH6 9DA - £375,000

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

9 WHEATFIELD WAY is a midsized detached house of 119m², built sometime between 1983 and 1990. It was last sold for £375,000 in June 2014, which was around 36% below the average June 2014 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was C.

9 WHEATFIELD WAY Sold Prices

Land registry data shows three sales for 9 WHEATFIELD WAY 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 9 WHEATFIELD 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 26 JUN	£375,000	£587,609	36% below HPI
2009 26 NOV	£365,000	£464,688	21% below HPI
1998 27 APR	£151,000	£194,362	22% below HPI

9 WHEATFIELD 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 three 9 WHEATFIELD WAY sales between April 1998 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 November 2009 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the June 2014 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 9 WHEATFIELD WAY?

9 WHEATFIELD WAY is 119m² according to the EPC inspection conducted in September 2011. This puts it in the smallest 50% of detached houses in Horley, based on EPC data. The below chart shows the distribution of detached houses by size in Horley, and where 9 WHEATFIELD WAY lies on this distribution: 47% of detached houses are smaller than 9 WHEATFIELD WAY, and 53% of houses are larger. Note that EPC data is not available for all properties in Horley.

9 WHEATFIELD WAY: Plot and Title Map

9 WHEATFIELD WAY sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of 9 WHEATFIELD 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 WHEATFIELD 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 WHEATFIELD WAY?

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