15, MEADOW WAY, HORLEY, RH6 9JA - £390,000

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.

15 MEADOW WAY is a large terraced house of 139m², which could now be worth an estimated £543,841. It was last sold for £390,000 in May 2015, which was around 26% above the average May 2015 terraced price in the Reigate and Banstead local authority area. The most recent EPC inspection was June 2009, where the current energy rating was B, and the potential energy rating was B.

15 MEADOW WAY Sold Prices

Land registry data shows two sales for 15 MEADOW WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Reigate and Banstead local authority area for the corresponding sale date. Both of the two 15 MEADOW WAY sales were for above 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 27 MAY	£390,000	£310,034	26% above HPI
2010 25 JUN	£355,000	£241,457	47% above HPI

15 MEADOW WAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Reigate and Banstead local authority area over time, sourced from the HPI. The two 15 MEADOW WAY sales from June 2010 and May 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 June 2010 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the May 2015 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 15 MEADOW WAY be worth now?

15 MEADOW WAY might now be worth an estimated £543,841.

This is based on house price inflation of 39.4%, between May 2015 and June 2025, for terraced 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 39.4% inflationary increase is applied to the most recent sale price for 15 MEADOW WAY of £390,000 on 27th May 2015. For the value to have increased from £390,000 to £543,841 over the nine years and eleven months to June 2025, the following assumptions must hold true:

• The value of 15 MEADOW WAY has moved in line with the HPI for terraced houses in the Reigate and Banstead local authority area.
• The May 2015 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 15 MEADOW WAY has not materially changed since May 2015.

How Large is 15 MEADOW WAY?

15 MEADOW WAY is 139m² according to the EPC inspection conducted in June 2009. This puts it in the largest 40% of terraced houses houses in Horley, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Horley, and where 15 MEADOW WAY lies on this distribution: 64% of terraced houses houses are smaller than 15 MEADOW WAY, and 36% of houses are larger. Note that EPC data is not available for all properties in Horley.

15 MEADOW WAY: Plot and Title Map

15 MEADOW WAY sits on a plot of roughly 0.047 of an acre, or 192m². The below map shows the location of 15 MEADOW 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 15 MEADOW 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 15 MEADOW WAY?

15 MEADOW WAY is located in HORLEY, in the RH6 postcode district. The below map shows the position of No. 15 on MEADOW WAY.