WHITEGATES, CASTLE DRIVE, HORLEY, RH6 9DB - £550,000

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

WHITEGATES is a very large detached house of 169m², built sometime between 1967 and 1975. It was last sold for £550,000 in October 2022, which was around 40% below the average October 2022 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was D.

WHITEGATES Sold Prices

Land registry data shows three sales for WHITEGATES 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 WHITEGATES 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 OCT	£550,000	£913,499	40% below HPI
2004 9 AUG	£275,000	£414,966	34% below HPI
1998 18 SEP	£150,000	£212,838	30% below HPI

WHITEGATES 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 WHITEGATES sales between September 1998 and October 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 August 2004 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the October 2022 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is WHITEGATES?

WHITEGATES is 169m² according to the EPC inspection conducted in September 2019. This puts it in the largest 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 WHITEGATES lies on this distribution: 83% of detached houses are smaller than WHITEGATES, and 17% of houses are larger. Note that EPC data is not available for all properties in Horley.

WHITEGATES: Plot and Title Map

WHITEGATES sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of WHITEGATES, 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 WHITEGATES). 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 WHITEGATES?

WHITEGATES is located on CASTLE DRIVE in HORLEY, in the RH6 postcode district. The below map shows the position of WHITEGATES on CASTLE DRIVE.